Dollar Slips Vs. Yen as Greenspan Awaited
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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 US interest rates.
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The dollar gained ground against the yen  in lackluster trade on Friday, but it stayed mixed versus  high-yielding currencies as surging oil prices fueled concerns  about a U.S. economic slowdown.
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The dollar recouped earlier losses  against the yen on Thursday, but currencies shuttled in narrow  ranges as investors awaited direction from U.S. growth data and  comments from Federal Reserve chief Alan Greenspan.
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The dollar sank across the board, dropping to multiyear lows against the yen and the euro on Friday, after Federal Reserve Chairman Alan Greenspan said demand for US
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The dollar eased against the euro and yen in quiet European trading as US markets shut for a public holiday ahead of a keenly-awaited economic speech from Federal Reserve chairman Alan Greenspan.
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The dollar edged lower against the euro  and the yen in tight trade on Friday ahead of the release of  U.S. jobs data, but dealers said the U.S. currency had not  strayed from its recent rebound.
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The dollar traded in narrow ranges on  Thursday as the market gave a muted reaction to Federal Reserve  Chairman Alan Greenspan's indication the previous day that U.S.  interest rates would continue to rise.
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Asian stocks edged lower on Wednesday  as profit taking set in after two days of gains and the dollar  firmed ahead of comments from Fed chief Alan Greenspan that are  expected to cement the case for further U.S. rate rises.
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The effect of Japan&#39;s currency sales this year and last on the value of the yen are ``difficult to judge,&#39;&#39; Federal Reserve Chairman Alan Greenspan said.
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The dollar barely moved on Tuesday as most investors were reluctant to take positions ahead of an address by the Federal Reserve chief that is expected to point to further rises in US interest rates this year.
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The yen fell against the dollar on Friday  following a surprise rise in Japan's unemployment rate, but it  quickly recovered as traders turned their attention to an  upcoming speech from the Federal Reserve chief and U.S. growth  data.
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The dollar slipped on Tuesday on  nervousness ahead of a series of U.S. indicators later in the  week, failing to keep gains versus the yen made on lackluster  Japanese output data.
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The dollar rose against the euro and yen ahead of second-quarter US economic growth data and a keenly-awaited speech by Federal Reserve chairman Alan Greenspan, analysts said.
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The dollar hovered near a one-month low  against the yen on Tuesday after disappointing U.S. hiring  figures last week fueled speculation the Federal Reserve could  press "pause" on its current tightening cycle.
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The yen fell against the dollar and euro  on Wednesday after data showed that Japan's economy slipped  into recession for much of 2004, but the market quickly looked  ahead to remarks by Fed chief Alan Greenspan later in the day.
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The dollar extended losses in  Tuesday's afternoon session in New York as investors expressed  caution ahead of Federal Reserve Chairman Alan Greenspan's  testimony to Congress on Wednesday and Thursday.
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The yen eased against the dollar on Friday, failing to hold gains made on a stronger-than-expected reading for the Bank of Japan&#39;s &quot;tankan&quot; survey of business sentiment.