Some dollar-zone output may help Airbus
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European planemaker Airbus  must keep most of its production in Europe, but it may make sense to consider moving some output to the U.S. dollar zone, a deputy German economy minister said on Tuesday.
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The dollar eased back against the euro but gained on the yen as two plane crashes in Russia rekindled terrorism concerns and dealers looked ahead to US durable goods data.
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NEW YORK : The dollar firmed slightly after trading near an all-time low against the euro, getting some help from comments from eurozone officials calling for action on the sagging greenback.
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Stocks could face a challenge this week to bounce back from Friday's post-Thanksgiving drop unless there is some tempering of the dollar's weakness that sparked the sell off.
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The dollar held near one-week highs  against European currencies on Thursday after U.S.  manufacturing figures came in much stronger than expected.
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The declining value of the U.S. dollar should allow PC vendors to offer bargains to people living in the euro zone, while U.S. consumers probably won&#39;t feel much of a pinch, according to a leading economist.
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The American economic ship, which has weathered the recent run-up in crude oil prices, may be more vulnerable to sudden surges in the price of money.
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NEW YORK : The dollar moved slightly against major currencies after key US ISM data on manufacturing was in line with expectations, as the market remained cautious on the prospects for the US economy.
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Shares in Airbus parent EADS  rose early on Tuesday after its board approved its Power8 restructuring plan for Airbus, which has suffered from the costly delay of its A380 superjumbo and a weak dollar.
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Most economists agree that the dollar will continue its post-election decline, but there are at least three schools of thought on the nationÂs huge foreign indebtedness.
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The sharp fall of the dollar against the euro could spur European companies to step up their acquisitions in the United States, but analysts say European buyers could face constraints in certain sectors.
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The dollar hovered near a two-and-a-half-week high versus the yen on Monday, helped by a positive U.S. jobs report last week and the yen's failure to capitalize on stronger-than-expected corporate spending data.
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The dollar marked time ahead of a rush of US data expected to shed more light on the outlook for US interest rates, dealers said.
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European aircraft maker Airbus has forecast that the global market for aircraft would reach 2.6 trillion dollars (2.02 trillion euros) in value by 2025, with total production at 22,700 planes.
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The dollar hovered two cents above  recent record lows against the euro on Tuesday after U.S.  manufacturing data in the previous session cast doubt on jobs  growth and brought about a pause in its new year rebound.
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The dollar recovered against the euro and the yen on Tuesday following poor Japanese output figures, although many traders suspect the U.S. currency's two-day reprieve from weeks of heavy selling won't last long.
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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.