31. In this example, if a company committed to buy marks at a certain rate and the German currency later fell, the contract would lose value. 32. Investors will keep selling Japanese and German currencies to get higher returns elsewhere, traders said. 33. It extended its gains against the mark as the German currency retreated against several other European currencies. 34. It slipped against the German currency, even as the mark dipped against the Spanish peseta. 35. Its gain versus the mark helped the dollar by spurring traders to seek additional opportunities to sell the German currency. 36. Its weakness against the yen undermined the dollar against the German currency. 37. Lower German rates reduce the return investors get on market denominated deposits and typically make the German currency less attractive. 38. Lower German rates typically make the German currency less attractive. 39. Lower German interest rates reduce the return investors get for holding marks and typically make the German currency less attractive. 40. Lower German rates reduce the return investors get on their mark-denominated deposits and make the German currency less attractive. |