The euro fell on Tuesday, reversing a climb to its highest against the dollar in more than two month, as European shares fell and investors reckoned its gains have been overdone before bank stress test results.
Estimates for second-quarter earnings edged higher in the latest week as results from bellwether companies like Intel Corp bolstered expectations for the quarter.
The dollar fell to a two-month low against the euro and a basket of currencies on Thursday after dovish U.S. Federal Reserve minutes heightened concerns about the outlook for the U.S. economy.
Fed officials last month felt they should be ready to consider additional steps to boost the U.S. economy if an already softening outlook took a noticeable turn for the worse.
The euro rose on Tuesday after a smooth Greek treasury bill auction helped ease some concerns about Europe's debt crisis and took some of the sting out of another credit rating downgrade for Portugal.
A strong start to U.S. corporate earnings season also boosted general appetite for risk, traders said, while data showing the U.S. trade deficit widened unexpectedly in May weighed on the dollar.
Microsoft Corp Chief Executive Steve Ballmer touted new tablet-style devices running the Windows 7 operating system from about 20 manufacturers at a conference on Monday, underlining the giant software company's eagerness to counter the explosion of interest in Apple Inc's iPad.
The dollar fell against the yen on Tuesday after a lower-than-expected reading on growth in the U.S. non-manufacturing sector raised concerns about the outlook for the economy.
A Chicago federal judge has authorized American International Group Inc to pursue a lawsuit accusing rival insurers of illegally conspiring to cause it harm in the workers' compensation market.
Corrects first name of lawyer in paragraph 5.
The U.S. dollar slipped against the euro on Friday, extending the previous day's steep losses on concerns over the U.S. economic recovery after disappointing U.S. jobs data.
U.S. private payrolls rose less than expected in June and overall employment fell for the first time this year as thousands of temporary Census jobs ended, indicating the economic recovery is failing to gain traction.
The U.S. dollar fell against the euro on Friday, extending the previous day's steep losses on concerns over the U.S. economic recovery after worse-than-expected U.S. jobs data.
The report showed a larger-than-expected drop in U.S. June nonfarm payrolls to 125,000, due to layoffs of temporary government workers, even as the unemployment rate unexpectedly fell to 9.5 percent.
China's yuan jumped against the dollar on Friday to its highest since a landmark 2005 revaluation but its broader gains were less impressive as it slumped against the euro.
Traders and analysts said the moves suggested the Chinese central bank wanted to hold the yuan's overall value steady against a basket of currencies by offsetting gains made against the dollar with losses against the euro.
The dollar fell to a seven-month low against the yen on Thursday as economic reports in both the United States and China added to investors' uncertainty about the global economic recovery.
The euro, however, rallied broadly after European banks borrowed less money than expected from a European Central Bank's tender, cooling concerns over euro zone banks' funding issues.
The dollar touched a seven-month low against the yen on Thursday as Chinese and U.S. economic reports added to investors' uncertainty about the global economic recovery.
Chinese manufacturing PMI data showed slower growth in June, heightening concerns over the global economic recovery and weighing on high-yielding currencies.
The dollar extended losses against the euro on Thursday after data showed business activity in the U.S. manufacturing sector came in weaker than expected in June.
The dollar extended declines against the yen on Thursday after data showed initial U.S. weekly jobless claims came in higher than expected.
The dollar extended declines against the yen on Thursday after data showed initial U.S. weekly jobless claims came in higher than expected.
The dollar dropped to 87.49 yen JPY= after the data from around 87.61 prior to the release of the data. The euro fell to $1.2357 EUR= from $1.2369 prior to the data's release. The euro had already risen 1 percent against the dollar before the data's release.
The dollar hit a seven-month low versus the yen on Thursday, stung by broad weakness and as traders took a stab at stop-loss orders suspected around the dollar's weakest of the year.
The euro hit a record low against the Swiss franc and the Australian dollar also fell on Thursday as weaker-than-expected Chinese data added to doubts about the strength of the global recovery.
The Chinese data sparked selling in higher-yielding currencies, with one trader saying low liquidity and short-term speculators taking punts on the euro against the Swiss franc and the Australian dollar against the yen added to the volatility.
U.S. software company Versata filed a complaint with European Union antitrust regulators accusing German software company SAP AG of shutting it out of the market.
The yuan CNY=CFXS weakened slightly against the dollar in the onshore spot market and offshore forwards on Tuesday as investors saw little opportunity for the Chinese currency to appreciate sharply in the near term after the end of the G20 summit over the weekend.
The euro hit an 8 1/2-year low versus the yen on Tuesday as the single currency struggled broadly due to investor jitters about liquidity issues before a euro zone refinancing programme expires this week.
The yuan was little changed against the dollar in the onshore spot market and offshore forwards on Tuesday as investors saw little opportunity for the Chinese currency to appreciate sharply in the near term after the end of the G20 summit over the weekend.
