The dollar rose slightly against the euro and yen on Tuesday in Tokyo ahead of Wednesday's meeting of the Federal Open Market Committee.

The U.S. dollar was mixed against other major currencies in European trading Friday morning. Gold fell.

India's top IT services provider, Tata Consultancy Services (TCS), said it has bagged a multi-year contract from US-based automaker Chrysler LLC to provide maintenance on mainframes and servers and support computer applications.

The pound reached its lowest point ever on Wednesday against the euro, largely because of high expectations that the Bank of England will cut interest rates on Thursday.

Hong Kong's benchmark index advanced Tuesday, led by property stocks on expectations of new government tax concessions and more interest rate cuts. The blue chip Hang Seng Index rose 445.61 points, or 1.9 percent, to 23,714.75.

The New Zealand dollar surged to a 25-year high against the U.S. dollar Tuesday as global investors have been drawn to the country's high interest rates. Dealers said the local currency could rise further.

The dollar fell against the yen Tuesday in Asia as Japanese exporters and U.S. bank traders sold the currency amid rekindled concerns over the health of U.S. bond insurers.

The dollar and euro both gained against a weaker yen on Monday as positive news for the U.S. financial sector boosted appetite for stocks and other riskier trades and helped underpin high-yielding currencies like the New Zealand dollar.

The dollar slipped on Thursday, still weighed down by minutes from the Federal Reserve's January policy meeting, which affirmed expectations of further U.S. interest rate cuts.

Copper futures fell in New York as inventories had a steep drop. Earlier copper had reached its highest price in three months on $3.5585 a pound.

The euro dropped to a five-month low against the yen the biggest plunge in European stocks in 6 years on concern the U.S. economy will fall into recession.

The dollar gained versus the euro on Wednesday on lower economic indicators in Germany and comments by St. Louis Federal Reserve President William Poole that it is too soon to tell if housing woes will trigger an economic recession.

The yen weakened across the board on Tuesday as investors waded back into risky carry trades, sparked by moderate gains in global equities and a rise in commodity prices.

Inflation in the countries that share the euro currency was expected to hold at a year-on-year rate of 3.1 percent in December, its highest-ever level for a second straight month, the EU statistics agency Eurostat said Friday.

Gold futures escalated to a new 28-year high on Thursday, increasing their gains after rallying more than $20 in the previous session as investors snapped up the precious metal on record breaking oil prices and amidst concerns of further tension in Pakistan, analyst said.

The dollar fell against the euro Thursday after a report said that unemployment in Germany remained unchanged in December and a U.S. survey showing manufacturing had contracted, possibly boosting chances of another U.S. interest rate cut.

The euro and the pound were lower against the dollar in trading Thursday after a report said that unemployment in Germany remained unchanged in December and a U.S. survey showing manufacturing had contracted, spurring the likelihood of more U.S. rate cuts.

The euro and the pound were both lower against the dollar in trading Wednesday, the first of the new year, as markets looked to the release of a key report detailing the health of U.S. manufacturing later in the day.

Gold prices fell on Thursday for the second straight day on a rising dollar, causing investors to lose interest in the precious metal, yet reinforcing confidence in steady U.S. economic growth.