Dollar Stuck, CPI Offers Little Direction
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The dollar moved in tight ranges on Wednesday as most investors shrugged off lower-than-expected U.S. inflation data and stuck to the view the U.S. Federal Reserve would continue raising rates.
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The dollar slipped against the yen in thin trade on Tuesday, but its losses were limited as investors waited on an address by the Federal Reserve chief that is expected to point to further rises in US interest rates.
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The dollar held on to small gains on  Tuesday as investors remained cautious ahead of a U.S. interest  rate decision and, later in the week, current account data that  could underscore bearish sentiment on the currency.
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The dollar was stuck in familiar ranges on Wednesday as the market awaited U.S. employment figures, while the yen came under pressure from another round of soaring oil prices.
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The dollar barely moved on Tuesday as  most investors were reluctant to take positions ahead of an  address by the Federal Reserve chief that is expected to point  to further rises in U.S. interest rates this year.
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The dollar held near overnight levels on  Wednesday but stayed under selling pressure ahead of U.S. trade  data that could swing the market's focus back to the problem of  huge deficits in the United States.
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The dollar's rebound from a record low  against the euro stalled on Tuesday after manufacturing data  cast doubt on jobs growth in the United States.
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The dollar sat tight near recent lows on  Thursday after soft manufacturing data failed to dispel  concerns that the U.S. economy may be running out of steam.
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The dollar moved in tight ranges on  Wednesday as most investors shrugged off lower-than-expected  U.S. inflation data and stuck to the view the U.S. Federal  Reserve would continue raising rates.
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The dollar stalled on Wednesday after  weaker-than-expected U.S. economic data failed to provide new  direction for the market and focus shifted to what the Federal  Reserve would say after an expected rate rise next week.
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The dollar idled on Wednesday after the  latest round of U.S. inflation data failed to substantially  alter the outlook for gradual increases in interest rates.
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The dollar held steady on Thursday, with  investors reluctant to take positions ahead of U.S. trade data  that could offer clues on whether the greenback can sustain its  recent rally.
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The dollar idled on Tuesday after gaining  the previous day, as many investors held off building positions  ahead of economic data from the United States.
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The dollar drifted in a tight range on  Wednesday after weaker-than-expected U.S. economic data did  little to alter investors' expectations that the Federal  Reserve would continue to raise interest rates at a measured  pace.
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The dollar was stuck in a rut against other major currencies as dealers awaited weekly US data and largely overlooked a new record high oil price.
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The dollar struggled up from a one-month  low against the euro on Wednesday after the U.S. central bank  raised interest rates, as expected, but indicated little rush  for more aggressive hikes in the coming months.
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The dollar was on the back foot against the euro Tuesday as concerns intensified that the US Federal Reserve's aggressive monetary easing will not be able to stave off a severe economic downturn, dealers said.