11. Dunis said the Friday intervention had probably not been massive, due particularly to the Bundesbank which would not be worried if the dollar drops further. 12. Dunis said that the Friday intervention had probably not been massive, due particularly to the Bundesbank, which would not be worried if the dollar drops farther. 13. Traders attributed the dollar drop to technical factors and said it was compounded by the limited exchanges due to the closure of several European markets for the Ascension holiday. 14. Paris traders said the rise in US long-term rates paired with a dollar drop continued to sock the bond markets, bringing stocks down with them. 15. Sales to limit losses further fueled the dollar drop, traders added. |