1. Also boosting the dollar against the mark was the sale of marks for yen. 2. Also boosting the dollar was a perception Federal Reserve policymakers will leave overnight bank borrowing rates unchanged in a meeting today. 3. Also boosting the dollar were signs of rising tension on the Korean peninsula that prompted traders to sell yen to buy the U.S. currency, traders said. 4. And given the weaker state of European economies relative to the U.S., European central banks will ultimately cut rates, boosting the dollar, traders said. 5. And rising oil prices can boost the dollar against the yen because Japan imports almost all its oil. 6. And that will insure Japanese investors keep pouring their money into U.S. investments, boosting the dollar, traders said. 7. And they also boost the dollar by making German assets such as bank deposits less attractive to investors, who then buy fewer marks. 8. At that time, currency traders looked at fading hopes for lower U.S. rates, which dragged down U.S. securities, as a reason to boost the dollar. 9. At that time, they reconfirmed their February accord to halt their two-year campaign to boost the dollar. 10. Boosting the dollar are U.S. interest rates far exceeding those in Japan. |