UPDATES ON JUNE 19 2008

JUNE 19 THURSDAY

Dollar May Fall for Fourth Day Before Report on Manufacturing .

The dollar may fall against the euro for a fourth day

before a Federal Reserve report forecast by economists

to show manufacturing in the Philadelphia region shrank

in June for a seventh month.

The dollar traded at $1.5535 per euro at 6:04 a.m. in

Tokyo, after falling 0.2 percent yesterday. It touched

the all- time low of $1.6019 on April 22. The Swiss franc

was at 1.0361 per dollar following a 0.5 percent increase.

The yen was little changed at 107.83 per dollar and

167.52 per euro, after touching 168.04 yesterday,

the lowest since July 23, 2007.

The U.S. Dollar Index traded on ICE futures, which

tracks the greenback against the currencies of six U.S.

trading partners, fell yesterday for a third day,

dropping 0.1 percent to 73.440.

The dollar has traded in a range of $1.5300 to $1.5850

against the euro since the beginning of May. It will rise

to $1.50 by year-end, according to the median forecast

of 39 analysts surveyed by Bloomberg News.