Dollar May Rise Against Euro This Week, Survey Shows
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The dollar may strengthen against the euro this week on speculation the biggest monthly increase in US jobs since May will persuade investors that a mid-year lull in the economy is over, a Bloomberg News survey indicates.
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The dollar jumped against the euro on  Friday, building on overnight gains made after the European  Central Bank reiterated that Asian currencies should be more  flexible, taking pressure off the single currency to climb.
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The dollar rose to a three-week high against the euro on Wednesday, boosted by a fall in the price of oil, which should help narrow the U.S. trade deficit and thus benefit the dollar.
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NEW YORK The dollar firmed against the euro on Tuesday, finding support from a growing chorus of European officials expressing concerns over the rapid ascent of their currency.
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The dollar edged up on Tuesday but buying  was light as investors remained cautious ahead of a U.S.  interest rate decision and, later in the week, current account  data that could underscore bearish sentiment on the currency.
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The dollar crept up on Wednesday,  enjoying some respite from recent falls due to caution ahead of  an announcement on U.S. interest rates and after more European  officials spoke out against the euro's rapid rise.
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The dollar edged up against the yen and steadied against the euro on Friday, but kept within sight of multi-month lows hit this week on worries about the US economy and its ability to attract global investors.
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The dollar jumped one percent against  the yen and hit a four-week high against euro on Thursday,  extending its recent recovery on expectations for rising U.S.  interest rates and better economic data.
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The dollar held steady against the euro on Tuesday, finding support after a wave of warnings from European officials expressing concerns over the euro's rapid ascent against the U.S. currency.
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The dollar clung to most of the previous  session's gains against the euro on Monday after a positive  U.S. jobs report last week reinforced expectations for an  interest rate rise this month.
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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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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 dollar rose to near seven-week highs against the euro following a better-than-expected report on US retail sales, but failed to hold its gains amid a bout of profit-taking, traders said.
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The dollar rose broadly on Monday as  markets braced for a Federal Reserve policy meeting this week  that is widely expected to raise the federal funds rate, making  the dollar a more attractive currency.
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The dollar edged up against the euro on Tuesday as traders waited for a key report on American retail sales and inflation figures in Britain.
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The dollar edged higher against major  currencies on Thursday after the U.S. weekly jobless claims  report suggested stable job creation, although Hurricane  Charley likely skewed the data.
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The dollar gained tentatively on  Monday, recovering from last week's record low against the euro  and a 4-1/2-year trough against the yen as traders turned their  sights to U.S. economic reports due later in the week.