The dollar fell against the euro and erased gains versus the yen Monday as U.S. stocks deepened losses on worries about the credit crisis and the health of the financial sector.

U.S. President George W. Bush said on Sunday the American economy was not growing as quickly as he would like and that his administration supported a strong U.S. dollar policy.

The euro hit a one-week lows versus the dollar on Friday, deflated after the European Central Bank signalled it wasn't planning another rate rise and as U.S. jobs data did not deliver a big downside surprise.

The Democratic-led Senate approved the newest member of the Federal Reserve’s System Board of Governors last Friday, making Elizabeth A. Duke the seventh woman to become a member of the board since the board was formed in 1913.

A weaker dollar cannot be blamed for soaring oil prices as policymakers around the world tussle with the twin spectres of rising inflation and slowing growth, U.S. Treasury Secretary Henry Paulson said on Thursday.

Payrolls likely dropped by 60,000 in June, while the jobless rate is expected to have fallen to 5.4 percent from 5.5 percent in May.

The downturn in the economy is a greater worry than inflation at the moment, U.S. Treasury Secretary Henry Paulson said on Thursday.

The dollar rallied on Thursday after U.S. payroll data suggested the job market was not as dire as many investors had feared while the European Central Bank president struck a less aggressive tone on prospects for rate hikes.

When European Central Bank President Jean Claude-Trichet announces his decision tomorrow on interest rates, investors will be paying far more attention to what he says than what he does.

The world's biggest central banks are pulling in opposite directions and it seems their efforts are only contributing to one thing: a weaker dollar.  Vote for your preferred central banker.

The Federal Reserve must "react decisively" to stop inflation from pushing up wages, one of its top policy-makers said Tuesday, dropping a clear hint about the possibility of interest-rate hikes ahead.

U.S. Treasury Secretary Henry Paulson said on Wednesday that high oil prices, further home price declines and capital markets turmoil will prolong the American economy's slowdown.

The dollar fell against the euro Wednesday after a report showed the U.S. private sector shed more jobs than expected in June, which may diminish the likelihood of a rate increase by the Federal Reserve.

U.S. Treasury Secretary Henry Paulson said on Tuesday that discussions with European Central Bank chief Jean-Claude Trichet about inflation led quickly to food and oil prices, and he reiterated his respect for central bank monetary policy decisions.

The dollar's recent declines against the other major currencies are set to reach the final whistle and greenback sellers will have to retreat to the sidelines, David Darst, chief investment strategist of Morgan Stanley Global Wealth Management Group told CNBC Tuesday.