51. A bill requiring the two pension funds to sell their tobacco stocks passed the state Senate earlier this year but died in an Assembly committee. 52. But analysts said there has been little news to change the price, saying the slump is technically driven as funds sell their positions. 53. By going short, funds sell a currency they do not have in the hope of buying it back later at a cheaper rate. 54. Foreign funds sold yen on concern a recent Japanese stock market rally has run out of steam, traders said. 55. Foreign funds have been selling Japanese stocks recently, in part because the strong dollar threatens them with exchange-rate losses. 56. Investment funds sold large amounts of wheat despite forecasts for possibly damaging cold weather this weekend and early next week in the southwestern Great Plains. 57. The dollar dropped as interbank players and American funds sold dollars in anticipation that Japanese players might use the Hashimoto remark to push the dollar lower. 58. The dollar slipped as interbank players and U.S. funds sold dollars in anticipation that Japanese players might use the Hashimoto remark to push the dollar lower. 59. The U.S. currency dropped as interbank players and American funds sold dollars in anticipation that Japanese players might use the Hashimoto remark to push the dollar lower. 60. U.S. funds also sold the dollar for the yen to book profits following the Australian intervention. |