Dollar slips after Greenspan comments on inflation
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The dollar slid back against the pound after surprisingly dovish comments on inflation from US Federal Reserve chairman Alan Greenspan.
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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 slipped against the yen on  Tuesday after a European Central Bank official said that the  adjustment of exchange rates had gone too far in Europe and  that Asia must do its share.
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The dollar sank across the board, dropping to multiyear lows against the yen and the euro on Friday, after Federal Reserve Chairman Alan Greenspan said demand for US
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The dollar retreated against major  currencies on Tuesday as investors took profits on sharp U.S.  jobs-related gains last week, turning cautious ahead of a  speech by Federal Reserve Chairman Alan Greenspan on Wednesday.
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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 U.S. interest rates.
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U.S. stocks slipped on Wednesday after  several companies issued profit warnings, while Fed Chairman  Alan Greenspan's remarks that the economy was pulling out of a  summer soft patch did little to quell expectations for a rate  hike later this month.
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Investors' appetite for U.S. assets will eventually dwindle and the United States must reduce its budget deficit to prevent major economic damage, Federal Reserve Chairman Alan Greenspan said on Friday, in remarks that hit the dollar hard.
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The dollar stumbled on Friday as  persistent concerns over the U.S. economy and comments  throughout the week from European Central Bank and Federal  Reserve officials allowed the currency no respite.
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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.
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The dollar dipped against the euro on  Wednesday after the U.S. Federal Reserve proved less hawkish on  interest rates than some investors had expected, while the yen  rallied on a key Japanese business survey.
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The yen fell against the dollar and euro  on Wednesday after data showed Japan was in a recession for  much of 2004, but the market focus turned to remarks by Federal  Reserve Chairman Alan Greenspan due later in the day.
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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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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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The dollar fell broadly on Friday as  dovish comments from several U.S. central bankers raised doubts  over the health of the world's biggest economy ahead of a  crucial U.S. jobs report.
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Treasury debt prices slipped on Friday after a jump in US retail sales and a speech by Fed Chairman Alan Greenspan persuaded bond investors that the Fed would continue to push interest rates higher.
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Investors' appetite for U.S. assets  will eventually dwindle and the United States must reduce its  budget deficit to prevent major economic damage, Federal  Reserve Chairman Alan Greenspan said on Friday, in remarks that  hit the dollar hard.