Euro rebounds against yen, as sterling dips on Blair news
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The euro recovered against the yen, while sterling suffered owing to speculation that British Prime Minister Tony Blair will depart office in mid-2007, analysts said.
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The dollar trimmed losses against the  euro and extended gains against the yen on Monday, as U.S.  personal spending advanced sharply in July, suggesting the  economy may have rebounded from its recent slump.
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Sterling pared gains it made against the dollar in the wake of surprisingly solid retail sales figures for August.
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The pound managed a small comeback against the US dollar on Friday after a raft of economic data helped the beleaguered British currency.
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European stock markets rose, bonds fell  and the dollar gained moderately against the euro after revised  data showed the second quarter slowdown in the U.S. economy was  less abrupt than initially thought.
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The dollar gained tentatively on Monday, recovering from last week&#39;s record low against the euro and a 4-1/2-year trough against the yen as traders turned their sights to US economic reports due later in the week.
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The pound was down against all major currencies as the dollar recoverd following some encouraging US economic news.
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The euro rose against the dollar on Monday as confidence in the US economy remained shaky, dealers said, while the yen strengthened and the pound was sold off as investors unwound their &quot;carry trades.&quot;
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Sterling rose on the news, with separate data for eurozone manufacturing coming in much weaker than expected. Output actually contracted in Germany and Italy.
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The dollar recovered from a two-month  low on the euro and a one-week low on the yen on Friday,  looking for upbeat U.S. manufacturing data later but wary of  any currency fireworks from a Group of Seven meeting.
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Sterling rose against the dollar but remained little changed on the euro, with the day's data passing by quietly.
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The pound strengthened slightly against the dollar but remained weak against the euro after the release of more downbeat news on the UK housing market.
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The pound drifted lower against a resurgent euro after Britain&#039;s deficit for trade in goods widened in May from the figure for April.
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The dollar regained some ground against  the yen on Friday, moving away from four-month lows hit the  previous day as the market proved reluctant to push the U.S.  currency below the 107 yen mark.
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The pound rebounded against the euro on Wednesday after a senior eurozone banker indicated that the European Central Bank might consider sharp cuts in interest rates.
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The dollar gained against the euro Thursday in the wake of an announcement by the European Central Bank that it had opted to keep its key interest rates on hold as widely expected.
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The pound has staged a late recovery against the euro after slumping to a six-day low against the single European currency.