Dollar Dips Ahead of Greenspan, Jobs Data
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The dollar slipped on Thursday as  traders adjusted positions to neutral levels ahead of Friday's  key U.S. payrolls report but some analysts think the currency  is poised to rally against the euro.
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U.S. stocks slipped on Wednesday as Federal Reserve Chairman Alan Greenspan, speaking before Congress about the health of the economy, did little to quell expectations for a rate hike later this month.
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The dollar has slipped back against major rivals on the eve of key US inflation and industrial data, and following stronger-than-expected US retail sales.
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The dollar lost ground against the euro  and the yen on Monday after a brief rebound last week, as  investors grew cautious ahead of U.S. data on trade, the  current account deficit and investment flows later in the week.
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The dollar steadied and U.S. Treasuries  ticked down on Thursday after tame U.S. inflation data  reinforced expectations for further monetary tightening ahead  of next week's likely U.S. interest rate hike.
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The dollar fell on Friday after a  report showed slightly lower-than-expected U.S. jobs growth in  December, but the market still sees the Federal Reserve on  track to raise interest rates further in 2005.
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The dollar struggled just above this year's record low against the euro on Friday amid worries about the health of the U.S. economy but caution ahead of U.S. jobs data later in the day limited its moves.
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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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The dollar drifted near recent record  lows against the euro and five-year lows against the yen on  Friday ahead of key U.S. jobs figures.
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SINGAPORE : The US dollar moved in a narrow range against the yen and euro in Asia on Monday as investors awaited US economic data and a speech by Federal Reserve chairman Alan Greenspan later this week.
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The dollar held near overnight levels against the euro and the yen on Thursday as traders hesitated to make big bets ahead of U.S. jobs data that is expected to provide near-term direction for the currency.
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The dollar edged down on Friday after  soft U.S. manufacturing data fueled the view that the Federal  Reserve may slow or even temporarily halt its tightening  campaign.
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The dollar traded near this week's  four-week lows against the euro and yen on Thursday ahead of  U.S. jobless claims and a key business survey that dealers  expect to provide further clues about the interest rate  outlook.
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The dollar fell to a four-week low  against the yen and held near a recent one-week low versus the  euro on Monday after weak U.S. jobs data fanned questions about  future interest rate hikes in the United States.
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The dollar held on to overnight gains against the euro and the yen on Wednesday ahead of upcoming U.S. employment figures, but few in the market see an early end to the U.S. currency's downtrend.
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The dollar slipped  on Friday, after Federal Reserve Chairman Alan Greenspan's remarks on the U.S. trade gap and on foreign demand for dollar-denominated  assets.
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The dollar shuttled in narrow ranges  against other major currencies on Friday as investors awaited  upcoming U.S. jobs data for clues on the future path of  interest rates.