Yen dodges G7 fire despite Europe's ire
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ESSEN, Germany  - The G7 free-market powers agreed to single out China again in repeat appeals on Saturday for flexible exchange rates, but Japan's tumbling yen escaped a similar fate despite mounting concern in Europe.
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The yen moved in narrow ranges against  the dollar on Monday as the market shrugged off a reshuffling  of Japan's cabinet and looked ahead to a key corporate  sentiment survey from the Bank of Japan.
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The dollar idled near seven-month lows  against the yen on Wednesday as traders considered what  officials from the Group of 20 countries might say about recent  weakness in the U.S. currency at an upcoming meeting.
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The dollar fell two thirds of a percent  against the yen to within sight of seven-month lows and edged  toward recent record lows against the euro on Friday as worries  persisted about the U.S. current account deficit.
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With the European economy on the upswing, companies and governments are shrugging off the dollar's renewed slide against the euro this week &#151; a phenomenon once dreaded as potential poison for the continent's many exporters.
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The dollar recovered from a two-month  low on the euro and a one-week low on the yen on Friday,  looking for upbeat U.S. manufacturing data later but wary of  any currency fireworks from a Group of Seven meeting.
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The dollar edges towards seven-week lows against the yen and euro on fears of weak US economic data.
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BERLIN: A communique from the G20 group of rich and developing countries made no explicit reference to currency swings on Sunday, despite mounting concern in Europe and Japan over a slide in the US dollar to multi-year lows.
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The yen advanced against the dollar on  Friday, shrugging off weak third-quarter growth figures for  Japan as market worries persisted about the huge U.S. deficits.
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TOKYO, Sept 29  - The yen held off from six-week  lows against the dollar on Wednesday, but traders said the  Japanese currency would likely weaken further if oil prices  keep striking record highs.
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The yen was feeling the heat on Tuesday as oil prices scaled new record highs, underlining concerns about Japan's dependence on imported oil.
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The dollar fell against the euro and the yen on Wednesday in the wake of comments from the European Central Bank president suggesting the ECB was unlikely to intervene to stem the euro's rise.
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The dollar idled near seven-month lows against the yen on Wednesday as traders considered what officials from the Group of 20 countries might say about recent weakness in the U.S. currency at an upcoming meeting.
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ESSEN, Germany  - The G7 industrial powers, under pressure to address a decline of the yen, warned investors on Saturday that they could get burned betting in one direction when Japan's economy was continuing to strengthen.
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ESSEN, Germany  - Japan's Finance Minister Koji Omi said on Saturday a slide in the value of the yen would not be singled out for criticism by the Group of Seven club of wealthy economic powers.
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The dollar traded near a record low against the euro in Asia and erased a gain against the yen on speculation the US and Europe won&#39;t take measures to halt the currency&#39;s decline.
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The dollar seesawed sharply against the  yen on Friday as the market struggled to digest comments by a  Chinese official that the time was ripe for China to move  gradually toward a more flexible exchange rate regime.