1.   All currencies came to be expressed in terms of the dollar, and the dollar was officially convertible into gold at a fixed price.

2.   Another way of putting it would be that the dollar is an accident waiting to happen.

3.   Many traders and economists still believe the dollar is likely to head higher in the medium term.

4.   Meanwhile, the dollar was higher against other major currencies.

5.   More federal dollars is one possible result.

6.   The dollar was also lower against the deutsche Mark.

7.   The dollar was therefore the key currency under the adjustable peg system.

8.   The dollar was weaker on Monday.

9.   On the money markets the dollar was weaker against European currencies.