NEW YORK, Feb 9: The dollar eased slightly against other major currencies on Friday as markets braced for a weekend meeting of top finance officials from major industrialized nations.
The euro edged up to $1.4505 from $1.4479 in New York late Thursday.
Against the Japanese currency, the dollar fetched 107.32 yen from 107.48 late Thursday.
With scant economic news in the United States, attention was focused on the weekend meeting of finance ministers in Tokyo, Japan, of the Group of Seven industrialized nations.
Specific discussions on currencies are likely to be fairly low down the agenda due to the more pressing issues of financial market turmoil and economic uncertainty.
Publicly, China will continue to bear the brunt of pressure for exchange rate adjustments but behind the curtains, the US will be called to halt the dollar
The euro edged up to $1.4505 from $1.4479 in New York late Thursday.
Against the Japanese currency, the dollar fetched 107.32 yen from 107.48 late Thursday.
With scant economic news in the United States, attention was focused on the weekend meeting of finance ministers in Tokyo, Japan, of the Group of Seven industrialized nations.
Specific discussions on currencies are likely to be fairly low down the agenda due to the more pressing issues of financial market turmoil and economic uncertainty.
Publicly, China will continue to bear the brunt of pressure for exchange rate adjustments but behind the curtains, the US will be called to halt the dollar