The Dollar slipped versus Yen on Wednesday, as worries grew about the ailing US auto industry and a record slide in US consumer prices fanned fears of a deeper recession. The euro weakened against the Dollar as worries about a worsening global slowdown prompted investors to reduce stocks and other risky assets for the safety of US Treasuries. The fate of the struggling US auto industry was another worry for investors, as automakers may fail to win emergency government loans. General Motors, Ford and Chrysler have warned that bankruptcy for one or more would lead to massive job losses. Minutes from the Federal Reserve's meeting last month released on Wednesday further added to the global economic worries. The Fed said US economic data in the run-up to the next meeting in December would show significant weakness and could well mean that the bank may need to cut its benchmark interest rate target from an already low 1%. Bank of England released minutes of this month’s policy meeting s...

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