The survey was much weaker than expected indicating the bank's rate cut has done little to assuage the malaise that continues to afflict the U.K. consumer.

The dollar's a little weaker because Miyazawa retracted some of his comments, indicating there may be a need for foreign exchange intervention.

The dollar's a little weaker because Miyazawa retracted some of his comments, indicating there may be a need for foreign exchange intervention,

The expected rate cut was confirmed, bringing in money from abroad. The fall in rates favors equities.

It doesn't look like a rate cut is in the cards.

The impact of the weaker ISM survey has knocked the dollar lower. The backdrop for the dollar is that it's just consolidating around here. It's a pause for now.