21. Lower rates would weaken the mark, and thereby help the dollar, by making mark-denominated investments less attractive. 22. Lowered interest rates would tend to weaken the mark and make business expansion more likely to create jobs. 23. Lower German rates weaken the mark by diminishing demand for mark-denominated assets, thus increasing the attractiveness of those denominated in other major currencies. 24. Lower German rates weaken the mark by diminishing demand for mark-denominated assets, while making assets of other major currencies such as the dollar more attractive. 25. Lowered interest rates tend to weaken the mark and make business expansion more likely. 26. Lower German rates weaken the mark by diminishing demand for mark-denonimated assets, while making assets of other major currencies such as the dollar more attractive. 27. Speculation that Germany might move to weaken the mark also supported the dollar. 28. That weakened the mark and helped boost the dollar more. 29. Hayward said German deficit-cutting measures would damage growth in Germany, weakening the mark and driving the dollar up. 30. A rise in US rates would underpin the dollar, weaken the mark, and have little or no impact on other European currencies, Schmidt said. |