11. But they do aniticipate that the United States will be pressured to take steps to bolster the dollar. 12. Concern about the potential for tensions in the Korean peninsula also bolstered the dollar against the yen, said Frank Hanson, a trader at Unibank in Copenhagen. 13. Dealers expect the Federal Reserve will soon raise interest rates, which tends to bolster the dollar. 14. Early into the session, prospects of a budget agreement helped to both bolster the dollar and indirectly support bonds. 15. Even so, the report failed to bolster the dollar because the market is focused on the outlook for Japanese interest rates, traders said. 16. Expectations for rate reductions elsewhere in Europe have also bolstered the dollar in recent days, analysts said. 17. Expectations that central banks were poised to begin another round of dollar-buying at any moment helped bolster the dollar as well. 18. Expectations that the Bundesbank will refrain from raising interest rates at its council meeting tomorrow bolstered the dollar against the mark. 19. Further bolstering the dollar was weakening demand for gold, especially from India, which pushed the price of gold to its lowest level in four months. 20. He was waiting, they said, for the steam to run out of the sell-off before committing American funds to try to bolster the dollar. |