Dollar little changed after selloff
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The dollar was little changed on Monday as traders and investors saw recent declines as overdone, after the currency shed 3 percent of its value and slid to a 20-month low against the euro in less than two weeks.
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The dollar rose slightly against major  currencies on Tuesday, its broad decline arrested somewhat and  even reversed by a much better-than-expected U.S. consumer  confidence report.
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The dollar was slightly firmer Monday in quiet trade, recovering some of the ground lost last week after a series of weak US economic data, dealers said.
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The dollar was little changed versus the  euro on Tuesday after recovering from lows on  bigger-than-expected capital inflows into the United States,  but it struggled against the yen due to rebounding Japanese  share prices.
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The dollar rebounded on Monday after  last week's heavy sell-off but analysts were uncertain if the  rally would hold after fresh economic data suggested the  December U.S. jobs report due Friday might not live up to  market expectations.
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Shares on Wall Street looked set to open flat on Monday following last weeks dollar weakness that raised questions about the continued attractiveness of U.S. equities to foreign buyers.
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The dollar rebounded on Monday from a 20-month low against the euro and a basket of currencies as investors saw a recent 3-percent fall in the currency's value as overdone.
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The dollar barely moved against other  major currencies on Monday morning, with many in the market  expecting it to drift in a tight range this week ahead of major  events in early February.
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LONDON : The dollar fell back after posting gains earlier in the day but dealers remained cautious ahead of key US data this week.
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The dollar posted mild gains against  most major currencies on Thursday after a U.S. jobless claims  report suggested stable job creation, although analysts said  Hurricane Charley likely skewed the weekly data.
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The US dollar held steady Wednesday after losing ground a day earlier amid heavy falls on global stock markets and amid fears over Chinese and US economic growth.
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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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Sterling rose against the dollar but remained little changed on the euro, with the day's data passing by quietly.
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The dollar rebounded from a four-week  low against the yen on Friday as technically focused traders  shifted positions and, for the moment, ignored political and  economic news like spiking oil prices.
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The dollar drifted in a tight range on  Wednesday after weaker-than-expected U.S. economic data did  little to alter investors' expectations that the Federal  Reserve would continue to raise interest rates at a measured  pace.
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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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The dollar made slight gains on Monday  as traders prepared for a U.S. Federal Reserve meeting this  week, where a rate rise is widely expected and the market will  be looking for signals on future policy intentions.