1. But the ministers also know that there is no magic rate that insures prosperity, and indeed there are dangers whether the dollar moves sharply up or sharply down. 2. However, international stocks are starting to look more attractive than they were because the growth slowdown overseas will not be as pronounced and the dollar will move lower. 3. In any case, many traders expect the dollar to move little before year-end. 4. Over the coming weeks and months, he said he expected the dollar to move higher against the yen. 5. Since early October, though, the dollar has moved little in Tokyo even while it swung wildly during London and New York trading hours. 6. Still, the dollar has moved little in recent weeks against major currencies. 7. Still, the possibility the Australian dollar will move lower and erode gains for overseas holders tempered the rally. 8. Stock were mixed in early New York trading while the dollar moved lower. 9. The dollar is moving higher against other major currencies, too, though the rally has been smaller. 10. The dollar moved in tandem with U.S. stock and bond prices today as foreign investors generally must first purchase dollars to acquire U.S. securities. |