The euro edged lower on Monday, hurt by concerns over the euro zone economy and prospects of loose monetary policy until year-end, leading investors to bet against the single currency.
Currency speculators extended euro short positions in the week ended Aug. 17, the Commodity Futures Trading Commission said on Friday, as focus shifted back to the euro zone and away from the U.S. economy.
The euro fell to its lowest against the dollar in more than a month on Friday after comments by a European Central Bank official bolstered the view that euro zone monetary policy would remain loose for months to come.
The dollar steadied against the yen on Friday but stayed within reach of a 15-year trough hit last week, after weaker U.S. data prompted investors to sell higher-yielding currencies and stocks on risk aversion.
The dollar edged up against the yen on Thursday with investors reluctant to chase the yen higher as they waited to see if the Bank of Japan or the government will take new steps to rein in the yen's rise.
Earlier, rumours had circulated in the market that the BOJ would hold an emergency policy meeting at 2 p.m. (0500 GMT). That followed a media report that the central bank had started considering additional monetary easing steps.
The dollar came under fresh pressure against the yen, easing towards recent 15-year lows on growing speculation that Japanese authorities are unlikely to intervene to counter their currency's recent strong run.
The euro cut losses against the dollar, while sterling rebounded as investors reversed short positions after the release of minutes from the Bank of England's last policy meeting.
The dollar fell toward a 15-year low against the yen while world stocks hit a 1-1/2 week trough on Wednesday after the Federal Reserve's assessment of the U.S. economy turned more pessimistic.
The dollar teetered toward a 15-year low against the yen on Wednesday after the Federal Reserve gave a more pessimistic assessment of the weakening U.S. economy, while technology plays dragged Asian stocks lower.
The dollar hovered within sight of a 15-year low versus the yen on Wednesday after the Federal Reserve announced plans to boost a flagging economy by reinvesting money from maturing mortgage bonds in government debt.
The move did not come as a complete surprise to the market but it marked a policy shift for the Fed, which only a few months ago debated how to start winding down some of its monetary stimulus programmes.
The dollar dipped against the yen on Monday, slipping towards a 15-year low, after a disappointing U.S. July payrolls report boosted talk the Federal Reserve could consider further easing monetary policy as early as this week.
New York Attorney General Andrew Cuomo sued Samsung Electronics Co Ltd and other makers of liquid display crystal screens used in computers, flat-screen televisions and mobile phones on Friday for allegedly fixing prices for a decade.
New York Attorney General Andrew Cuomo sued Samsung Electronics Co Ltd and other LCD screen makers on Friday for allegedly fixing prices for a decade, after some of them pleaded guilty to similar federal charges and paid over $890 million in fines.
The dollar was little changed against the euro on Thursday, as investors squared positions ahead of a U.S. payrolls report that markets hope will offer fresh insight on the state of the U.S. economy.
Strong German industrial data and signs that Spain and Greece were making progress in trimming budget deficits earlier lifted the euro, as did data showing U.S. initial jobless claims unexpectedly rose in the latest week.
Global shares fell and the dollar headed toward a 15-year low against the yen on Wednesday on growing concern about the U.S. economy as recent data has sparked talk of more monetary easing by the Federal Reserve.
Japanese stocks fell behind their Asian peers and slid 2 percent on Wednesday as the yen climbed toward 15-year highs against the U.S. dollar after weak U.S. data spurred talk of more Federal Reserve easing.
The dollar hit an eight-month trough against the yen on Wednesday, crawling towards its lowest level since 1995, as weak U.S. data and talk of the Federal Reserve embarking on further policy easing pushed down Treasury yields.
The dollar hit a multi-month lows against the yen and Swiss franc on Friday as U.S. economic growth data showed growth in the world's largest economy is slowing and reinforced the view interest rates will remain low well into the next year.
Japan's Ministry of Finance said on Friday it did not intervene in the foreign exchange market from June 29 to July 28, when the yen touched its highest level against the dollar since December.
The dollar fell to an eight-month low against the yen on Friday, hurt by selling from Japanese exporters and concerns that U.S. GDP data would add to signs of fading momentum for the U.S. economic recovery.
The euro hit a 12-week high against a broadly weaker dollar on Thursday as month-end demand helped pushed the single currency above a key technical barrier.
A jump in euro zone economic sentiment to a 28-month high and a decline in German unemployment supported the euro's gains.
The dollar fell versus the Japanese yen on Wednesday as a weaker-than-expected reading on new orders for U.S. durable goods added to fears about the U.S. economic outlook.
Demand for the dollar also fell against the euro as investors awaited for more supportive news for the euro, which rose above $1.30 but has been stuck in a range recently.
An obscure corner of the stock market is giving strong warning signs even as the broader equity and corporate bond markets rally.
Average daily volume in the over-the-counter U.S. foreign exchange market rose to $754 billion in April, up 11.8 percent from six months earlier, the Federal Reserve Bank of New York said on Monday.
The total was just shy of record turnover of $762 billion seen in the six months to October 2008. The Fed said volume across all instrument types and execution methods and among most currency pairs rose in the latest reporting period.