Dollar Dawdles; Market Eyes Fed Statement
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The dollar shuffled in ranges on  Wednesday as traders wondered if the Federal Reserve would  signal an increase in the pace of policy tightening when it  announces an expected interest rate rise later in the day.
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The dollar weakened broadly on Tuesday  as markets questioned whether the Federal Reserve will keep  raising U.S. interest rates at a 'measured' pace following an  anticipated rate hike later in the day.
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The dollar shuffled in ranges on Wednesday as traders wondered if the Federal Reserve would signal an increase in the pace of policy tightening when it announces an expected interest rate rise later in the day.
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The dollar hovered near a one-month low  against the euro on Tuesday as investors awaited U.S. inflation  data later in the day for clues on the future path of interest  rates.
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The dollar teetered within sight of the  previous day's record low against the euro on Tuesday as the  market remained confident central banks would not stand in the  way of the greenback's decline.
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The dollar posted modest gains against  the euro on Tuesday, as the market digested a slew of U.S.  economic data that failed to substantially alter the outlook  for Federal Reserve interest rate hikes.
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The US dollar edges back down from a week of solid gains as investors await trade figures later this week.
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The dollar stalled on Wednesday after  weaker-than-expected U.S. economic data failed to provide new  direction for the market and focus shifted to what the Federal  Reserve would say after an expected rate rise next week.
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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 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.
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The dollar slipped  on Friday, after Federal Reserve Chairman Alan Greenspan's remarks on the U.S. trade gap and on foreign demand for dollar-denominated  assets.
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The dollar weakened against major  currencies after Federal Reserve Chairman Alan Greenspan on  Wednesday painted a softer picture for the world's largest  economy than many had anticipated, citing a rising budget  deficit and low inflation.
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The dollar paused on Tuesday after a  steep rally in the previous session as investors waited to see  if forthcoming data would reinforce the Federal Reserve's  optimism in the U.S. recovery.
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The dollar edged lower 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 hovered near a one-month low against the euro on Tuesday as investors awaited U.S. inflation data later in the day for clues on the future path of interest rates.
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The dollar fell heavily against the euro and yen after Federal Reserve officials presented a negative outlook for the US currency, as markets looked ahead to a key US employment report, analysts said.
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The dollar turned tail from recent  three-week highs against the euro and Swiss franc on Friday as  investors grew cautious ahead of U.S. growth data and a speech  by Federal Reserve Chairman Alan Greenspan.