Dollar falls to 103.75 yen on remark by Snow
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The dollar slipped close to its lowest level of the year Thursday in Tokyo, entering 103 yen territory as market players dumped the currency in the belief that the United States tacitly approves of its weakening.
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The dollar fell two thirds of a percent  against the yen to within sight of seven-month lows and edged  toward recent record lows against the euro on Friday as worries  persisted about the U.S. current account deficit.
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The dollar fell to a seven-month low versus the yen on Monday and hit a nine-year low against a basket of major currencies, resuming recent weakness due to concerns over the US ability to fund its current account gap.
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The dollar fell to a 7-1/2 month low  against the euro on Wednesday and a three-month trough on the  Swiss franc as a selloff on the back of recent worries about  the U.S. economy and interest rate outlook gained momentum. The  yen came under pressure briefly as Tokyo stocks fell 1.65  percent. But given the export-oriented economy's reliance on  oil, a recent retreat in oil prices underpinned the currency  near this week's three-month high on the dollar.
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The dollar's slide against the euro and yen halts as US Treasury Secretary John Snow says a strong currency "is in America's interest".
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The dollar dropped to within half a cent of this week&#39;s record low against the euro and hit 7-1/2-month lows on the yen on Friday as traders took the view that world finance
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The dollar sank to a record low against  the euro and fell to its lowest level since January 2000 on the  yen on Thursday as the market tested how far Japan and Europe  would tolerate yen and euro gains on dollar weakness.
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The dollar sank to a 26-year trough against the British pound on Tuesday and held near a two-month low against the euro amid prospects of higher European interest rates, dealers said.
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The dollar tumbled to a record low against the euro and a 12-year trough versus sterling on Wednesday as the greenback ran into a fresh wave of selling after consolidation earlier this week.
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The dollar fell to a record low yesterday against the euro, which spiked at 1.3640 as the dollar's slide continued in thin, post-Christmas trading.
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The dollar fell to a seven-month low versus the yen and hovered just above a record low against the euro Monday as it resumed its slide amid concerns about the US ability to fund its current account gap.
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The dollar headed lower against a range  of currencies on Wednesday, falling most steeply against the  yen after a key business survey from Japan provided enough  impetus to encourage yen buying.
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The dollar tumbled to new all-time lows against the euro, a 12-year nadir against sterling and a near five-year trough against the yen, buckling under the weight of the US twin deficits.
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The dollar fell to a seven-month low  against the yen and was within sight of a record low versus the  euro on Monday, due in part to market views that Washington is  happy to see it weaken to help narrow the U.S. trade deficit.
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DOLLARS traded at their lowest rate against the yen for seven months in America last night, as traders shrugged off reassurances from John Snow, the US Treasury Secretary
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The US dollar fell yesterday against all the major currencies on international exchange markets except the Canada dollar. The Euro climbed to $1.3074 against US dollar, breaking a new record.
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The dollar dropped to within half a cent of this week's record low against the euro and hit 7-1/2-month lows on the yen on Friday as traders took the view that world finance chiefs would not try to slow the dollar's slide.