Dollar falls ahead of key US data
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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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The dollar sagged on Tuesday as softer  U.S. data on Tuesday re-ignited worries that the world's  largest economy has yet to recover from its recent soft patch.
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The dollar edged lower on Tuesday  after bearish reports on the U.S. services sector and job  market caused a sell-off ahead of Friday's widely anticipated  September employment data.
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The dollar backed off a two-month high  against the euro and sterling on Wednesday, losing momentum  after Tuesday's rally on the back of stronger than expected  data on foreign capital flows to the United States.
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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, as focus shifted to what the Federal  Reserve would say after an expected rate rise next week.
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The dollar struggled on Wednesday to  move away from the previous day's six-week lows versus the yen  and a one-week trough against the euro brought on by weak U.S.  data, but caution remained high ahead of other key releases.
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The dollar barely moved on Wednesday  after the latest round of U.S. economic data failed to  substantially alter the outlook for gradual increases in  interest rates.
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The dollar marked time ahead of a rush of US data expected to shed more light on the outlook for US interest rates, dealers said.
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The US dollar sank to an all-time low against the euro yesterday amid concerns over the US trade and budget deficits and worse-than-expected US employment data.
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LONDON : The dollar slumped against the pound as softer-than-expected US producer price data diminished expectations of a quick interest rate hike by the US Federal Reserve.
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The dollar fell against the euro on  Tuesday as dealers waited for U.S. trade deficit figures to  decide whether to buy back the U.S. currency again.
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The dollar slipped on Wednesday to hold  near a record low against the euro, but the market hesitated to  drive down the U.S. currency further before closely watched  economic releases later in the week.
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The dollar dipped against most major currencies on Wednesday after mixed data on U.S. durable goods orders and weaker-than-expected new home sales did little to brighten the U.S. economic outlook.
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The dollar steadied and U.S. Treasuries  ticked down on Thursday after tame U.S. inflation data  reinforced expectations for further monetary tightening ahead  of next week's likely U.S. interest rate hike.
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The dollar shuttled in narrow ranges  against other major currencies on Friday as investors awaited  upcoming U.S. jobs data for clues on the future path of  interest rates.
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The dollar slipped on Thursday as  traders adjusted positions to neutral levels ahead of Friday's  key U.S. payrolls report but some analysts think the currency  is poised to rally against the euro.
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The dollar fell against the yen on  Friday in its steepest one-day drop in over a year, pushed down  by unexpectedly weak jobs data and speculation that China may  soon allow the yuan to appreciate against the dollar.