1. Finance Minister Jean Arthuis attended the meeting which dealers had forecast would result in an easing of monetary conditions because the franc has risen against the mark. 2. Dealers forecast sentiment towards the dollar would remain weak for the time being. 3. Dealers forecast the unit would continue to slip in coming weeks as a result of the Mexican currency crisis. 4. Dealers forecast a heavy volume of purchases, spurred by expected steps by the Japanese government to encourage foreign investment. 5. Dealers forecast a volatile session Wednesday when Finance Minister Trevor Manuel delivers his first budget to parliament. 6. Dealers have forecast a weak spell for the unit as a result of the Mexican currency crisis. 7. Dealers had forecast the meeting would result in an easing of monetary conditions because the franc has risen against the mark. 8. The mark rose slightly as dealers forecast that the Bundesbank would not cut German interest rates at its bi-monthly meeting later on Thursday. |