61. Japanese central bank intervention sent the dollar up against the yen today, but investors pushed the greenback down again in late trading. 62. Jittery investors pushed the U.S. dollar higher against the yen Friday morning after two-days of dollar-buying intervention by Japanese monetary authorities. 63. Meanwhile, Greenspan told the committee he strongly suspects investors already have pushed up long-term interest rates to offset the inflationary risk of a growing U.S. budget imbalance. 64. Traders said the dollar was recovering moderately from its sharp drop in New York as dollar-buying by Japanese importing companies and large investors pushed the currency higher. 65. Traders said continued buying by domestic pension funds and foreign investors pushed stock prices higher almost across the board. 66. Traders said the dollar recovered moderately from its late New York trading level as dollar-buying by Japanese importing companies and investors pushed the currency higher. |