41. When foreign investors sell U.S. shares, they tend to convert dollar proceeds into foreign currencies, weakening the dollar. 42. While Clinton may call on Japan to boost domestic demand, few expect the Treasury to intervene in the foreign exchange markets to weaken the dollar. 43. Also Thursday, unconfirmed rumors of central bank buying of German marks spurred traders to buy marks, weakening the dollar. 44. Analysts said recent interest rates cuts in Europe have also reduced the risk that lower U.S. interest rates might weaken the dollar. 45. Hayashi said higher-than-expected PPI figures could affect negatively the U.S. bond and stock market, and thereby weaken the dollar. 46. In currency trading, the dollar was weakened against the yen today by strength in Japanese stocks, dealers said. 47. Japan and the United States had conducted joint intervention last June, but that was to weaken the dollar, Kyodo News agency said. 48. She said the US economy is expected to slow from its peak next year, weakening the dollar. 49. Such a move would tend to weaken the dollar. 50. That bearishness has hurt stocks and weakened the dollar, since currency dealers track the American securities markets to gauge demand for the U.S. currency. |