"We could see it go lower," one European currency dealer said.

But currency dealers said the drop was not enough to support the dollar.

Currency dealers said there was little news to influence the dollar.

Currency dealers keep a close watch on the trade figures, since they often affect the dollar's value.

West German currency dealers expect a further rise in the dollar.

The currency dealers and black marketeers all know each other very well.

Currency dealers said the dollar started out sharply higher, then fell back.

Currency dealers said market activity was light since many traders have started to close out their books for the calendar year.

Currency dealers said concerns about slow economic growth gave a soft tone to the market.

Currency dealers said the dollar moved in a narrow trading range throughout the day.