Dollar Barely Moves, Market Looks to Fed
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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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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 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 was on the back foot against the euro Tuesday as concerns intensified that the US Federal Reserve's aggressive monetary easing will not be able to stave off a severe economic downturn, dealers said.
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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 stayed in tight ranges on Tuesday as the market, widely expecting a U.S. interest rate increase later in the day, waited for the Federal Reserve to shed light on the future course of monetary tightening.
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The dollar moved in tight ranges on Wednesday as most investors shrugged off lower-than-expected U.S. inflation data and stuck to the view the U.S. Federal Reserve would continue raising rates.
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The dollar traded in tight ranges against  the euro and the yen on Tuesday ahead of the year-end holidays,  but market players said it was only a matter of time before the  U.S. currency resumes its slide.
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The dollar slipped on Monday as market players hesitated to push the currency much higher before upcoming US trade data and a Federal Reserve meeting.
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The dollar edged lower on Tuesday,  although it rose against the Canadian dollar after Canada's  central bank signaled its strong currency would eventually  affect domestic demand and prevent rate hikes.
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The dollar barely moved on Tuesday,  struggling to sustain a modest bounce from multi-week lows  against the euro made on bigger-than-expected capital inflows  to the United States.
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The dollar slipped to just over a cent  above this month's record low against the euro on Monday but  won a bit of ground versus the yen, with investors focusing on  the broadly bearish outlook for the U.S. currency.
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The dollar shuffled in narrow ranges on  Tuesday as the market looked to U.S. economic indicators due  later in the day for clues about the pace of monetary  tightening.
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The dollar struggled to pull away from  August lows on Wednesday as investors questioned whether the  Federal Reserve would raise interest rates next month in the  light of another round of weak U.S. numbers.
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The dollar was slightly weaker against the euro following retail sales data in the US, traders said.
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The dollar hovered around recent  one-week lows against the euro and Swiss franc on Thursday as  investors grew cautious Friday's U.S. jobs data might add to  recent weak U.S. data and cloud the interest rate outlook.
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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.