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REFILES-FOREX-Dollar dips as Bernanke cites growth risks

Thu Feb 14, 2008 8:43pm IST
 
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(Refiles to correct typographical error in the headline)

NEW YORK, Feb 14 (Reuters) - The dollar dipped against the euro and yen on Thursday after Federal Reserve Chairman told a Senate committee the U.S. economic outlook had worsened and that the central bank would act as needed to support growth.

The euro edged up to $1.4602 <EUR=> from around $1.4590, where it was before Bernanke spoke. It remained near the middle of a $1.4550-$1.4639 range on the day.

The dollar eased slightly to 108.30 yen <JPY=> from around 108.40 yen before he began speaking. (Reporting by Steven C. Johnson; Editing by Theodore d'Afflisio)

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