Greenspan: Appetite for Dollar to Dwindle
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Insatiable foreign demand for dollar  holdings will eventually fall and help reduce the massive  shortfall in the U.S. current account as investors diversify,  U.S. Federal Reserve Chairman Alan Greenspan said on Friday in  remarks that landed hard on the dollar.
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Risks of a recession have increased, but the Federal Reserve must be cautious in supporting the economy because global forces that have kept inflation in check are receding, former Fed Chairman Alan Greenspan said on Monday.
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The dollar edged lower against the yen on  Thursday, but currencies shuttled in narrow ranges as investors  awaited direction from U.S. growth data and comments from  Federal Reserve chief Alan Greenspan.
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WASHINGTON - The US economy is pulling out of the soft patch it went through earlier this year but shows no signs of accelerating inflation, Alan Greenspan, the US Federal Reserve chairman, says.
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Over the weekend, the US Federal Reserve Chairman Alan Greenspan hinted at the maintenance of ``weakââ dollar policy (in Germany) while President Bush said he is committed to a ``strongââ dollar (in Chile).
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The dollar slid on Friday after  Federal Reserve Chairman Alan Greenspan said foreign demand for  U.S. assets, which has financed the country's massive current  account deficit and propped up the dollar,  would eventually  fall.
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The carry trade in which global  investors have borrowed cheaply in yen to buy higher-yielding  assets elsewhere has got to turn around, said former Federal  Reserve Chairman Alan Greenspan on Wednesday.
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The dollar hit a four year low against  the yen JPY= and was within sight of record lows to the euro  EUR= on Friday after U.S. Federal Reserve chairman Alan  Greenspan said appetite for dollar investments would eventually  wane.
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The dollar retreated against major  currencies on Tuesday as investors took profits on sharp U.S.  jobs data-related gains last week, turning cautious ahead of a  speech by Federal Reserve Chairman Alan Greenspan on   Wednesday.
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Federal Reserve Chairman Alan Greenspan yesterday urged the federal government to reduce its budget deficit and to encourage greater personal saving, warning that foreign investors will not
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The dollar recouped earlier losses  against the yen on Thursday, but currencies shuttled in narrow  ranges as investors awaited direction from U.S. growth data and  comments from Federal Reserve chief Alan Greenspan.
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HONG KONG -- Former U.S. Federal Reserve Chairman Alan Greenspan warned Monday that the American economy might slip into recession by year's end.
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ALAN GREENSPAN, Chairman of the US Federal Reserve, undercut lingering hopes of staging an operation to support the dollar at a meeting of bankers in Frankfurt yesterday
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NEW YORK The dollar fell against the euro and the yen amid optimism over Japanese growth and as traders awaited congressional testimony by the Federal Reserve chairman, Alan Greenspan.
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The dollar eased further off last week&#39;s highs against the euro and yen on Tuesday as investors turned cautious ahead of Wednesday&#39;s assessment of the US economy by Federal Reserve chief Alan Greenspan.
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Prospects for the global economy next year are growing dimmer as oil prices hurt consumption and the rise in the U.S. trade deficit depresses the dollar.
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The dollar fell against the euro on  Wednesday, even as Federal Reserve Chairman Alan Greenspan  signaled further increases in U.S. interest rates but offered  no clues on their pace or timing.