1. This effect also obtains for total eurobonds, in which case it is likely to proxy the uncertainty and adverse interest rate expectations caused by a falling dollar. 2. As a result, the falling dollar can actually help. 3. As well as falling bond yields, the bank had the benefit of a falling Australian dollar. 4. Autos and electronics makers declined on concern a falling dollar will cut into profits at these companies, which are exporters. 5. Besides earnings worries, there were concerns early in the day about rising interest rates in the bond market and a falling dollar, analysts said. 6. Bond yields also rose after higher-than-expected wholesale trade figures indicated the Bank of Canada may raise lending rates to shore up a falling dollar. 7. Brambles Industries Ltd., which earns about half its operating profit overseas, also benefited from the falling dollar. 8. A falling Australian dollar increases the domestic currency return on metals paid for in U.S. dollars. 9. A falling Australian dollar increases the domestic currency return resource companies receive for commodities sold in U.S. dollars. 10. A falling Australian dollar means higher returns for commodities such as gold which are priced in U.S. dollars. |