Dollar rebounds against major currencies on discouraging economic reports, Bernanke commentsNEW YORK — The dollar rebounded Wednesday as investors were discouraged by a private-sector report on unemployment and U.S. data on the services industry and factory orders, while Federal Reserve Chairman Ben Bernanke warned that record-high budget deficits could endanger the economy’s long-term health. Dollar continues its plunge to multimonth lows against euro, pound on positive economic dataNEW YORK — The dollar continued its plunge to multimonth lows against the euro and the pound Monday as better-than-expected readings on manufacturing, consumer spending and construction spending drove investors to riskier assets. Dollar-selling accelerates as US GDP data doesn’t sink rally; multimonth lows vs euro, poundNEW YORK — The dollar fell steeply to multimonth lows against several currencies Friday as a report saying the US economy is still shrinking couldn’t sink investors’ taste for riskier assets. Positive news out of Asia propels dollar-selling; buck sinks to multimonth lows vs euro, poundNEW YORK — The dollar fell steeply to multimonth lows Friday as strong economic reports from Japan and India sparked hope in a global economic recovery. |