No deal on dollar as US shrugs off European pressure
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Europe and Japan failed yesterday to persuade the United States to address the decline in the dollar, despite talks at a fractious meeting of the Group of 20 industrialised and developing nations.
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European finance ministers pointed a finger of blame at US policy on Tuesday as the euro clung to record highs against the dollar despite a statement with the European Central Bank that had sought to talk it down.
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The dollar held just off a record low against the euro on Monday, but downward pressure remained strong after a euro-zone minister showed little concern over the European currency's recent strength.
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The dollar edged up on Tuesday, taking a breather from recent heavy selling after the European Central Bank chief warned against the euro&#39;s rapid climb and ahead of a decision on US interest rates.
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BEIJING, Dec. 15 -- China today declined to make any firm commitments regarding changes to its exchange rate, despite continuous pressure from U.S. officials over two days of high-level strategic economic talks.
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The dollar held in a narrow range Wednesday, shaking off growing US recession fears, as the markets awaited European interest rate decisions.
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To the mounting dismay of foreign officials, the slide in the dollar gathered new momentum yesterday, but the Bush administration restated in no uncertain terms its longtime policy of leaving the US currency&#39;s value to the markets.
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The dollar continued its seemingly unstoppable slide against other currencies this week, leaving U.S. and European officials increasingly at odds over what -- if anything -- should be done about it.
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A communique from the G20 group of rich and developing countries made no explicit reference to currency swings on Sunday, despite mounting concern in Europe and Japan over a slide in the U.S. dollar to ...
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The dollar fell to a record against the euro and tumbled versus the yen on expectation US officials will refrain from joining any effort to stem the currency&#39;s drop.
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BRUSSELS  - European Union finance ministers pressed for action by the United States to prop up the dollar as eurozone nations expressed their deep disquiet at the parlous state of America&#39;s national finances.
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The dollar dangled near a record low  against the euro on Monday after a meeting of the Group of 20  rich and developing nations produced no coordinated stance to  stem the U.S. currency's decline.
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NEW YORK, November 18  - The US dollar declined to a new record low against the euro and dropped against the yen yesterday, following the news of the US Treasury Secretary, John W Snow, ruling out government intervention to stem the
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The dollar remained under pressure  against the euro on Wednesday, after falling to a record low in  a selloff that followed a report on a narrowing U.S. trade gap.
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The dollar held just off a record low against the euro on Monday, but downward pressure remained strong after a euro-zone minister showed little concern over the European currency&#39;s recent strength.
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BERLIN : The Group of 20 finance chiefs have shunned action to halt the dollar slide, leaving Europe isolated at the end of a forum here and facing an almost certain further strengthening of the euro.
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The dollar held firm above this week's  record low against the euro on Friday, with dealers reluctant  to take positions ahead of key U.S. jobs figures.