Dollar Rallies Vs Euro After Data Gains
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The dollar rallied across the board on  Wednesday in a technical rebound after two U.S. economic  reports prompted dealers to unwind large bets against the  currency.
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The dollar rebounded on Monday after  last week's heavy sell-off but analysts were uncertain if the  rally would hold after fresh economic data suggested the  December U.S. jobs report due Friday might not live up to  market expectations.
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The dollar held on to its latest gains on  Friday after a positive batch of U.S. economic data prompted  speculators to buy back the currency before trade trickles down  ahead of the year-end holiday season.
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The dollar gained tentatively on  Monday, recovering from last week's record low against the euro  and a 4-1/2-year trough against the yen as traders turned their  sights to U.S. economic reports due later in the week.
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The dollar clung to most of the previous  session's gains against the euro on Monday after a positive  U.S. jobs report last week reinforced expectations for an  interest rate rise this month.
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The dollar won a reprieve against other major currencies on Tuesday, bouncing off last week&#39;s record low versus the euro as markets grew cautious ahead of words from the European Central Bank chief and US data.
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The dollar edged up against the euro on  Friday, building on overnight gains made after the European  Central Bank reiterated that Asian currencies should be more  flexible, taking pressure off the single currency to rise.
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The dollar roared higher on Tuesday as  investors unwound bets on a further near-term decline after the  currency had plumbed several record lows against the euro in  the final days of 2004.
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The dollar rose slightly against the euro on Friday as anxious investors closely monitored the state of global stock markets following recent turbulent trade.
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The dollar rose one percent against the  euro and the yen on Wednesday as investors bought the U.S.  currency back in the run-up to the year-end and eyed the impact  of the dollar's weakness on other economies.
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The dollar rallied across the board on Wednesday in a technical rebound after two U.S. economic reports prompted dealers to unwind large bets against the currency.
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The US dollar climbed against the euro after some traders abandoned bets that a slowdown in growth reflected in economic reports this week would push the US currency to a one-month low.
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The dollar extended gains against the  euro on Monday after a report on flows into U.S. assets showed  enough of a rise in foreign investments to offset the current  account gap for the month.
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The dollar rose on Monday, back-tracking  from record lows hit against the euro on disappointing U.S.  jobs data, but traders said it was just a matter of time before  the market sells the currency again.
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The dollar turned higher on Thursday  afternoon, rallying from all-time lows against the euro when  traders took profits in the euro zone currency ahead of a G20  finance ministers' meeting in Berlin this weekend.
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The dollar climbed on Tuesday after  data showed investments coming into the United States were more  than enough to cover the country's huge trade deficit on a  monthly basis.
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The dollar rebounded on Monday after  last week's heavy selloff, but analysts were uncertain if the  rally would hold after fresh economic data suggested the  December U.S. jobs report due Friday might not live up to  expectations.