1. The main currencies of issue of eurobonds are US dollars and Japanese yen. 2. By the third quarter, the dollar stood dramatically low against the German mark and the Japanese yen. 3. Also moving sharply Thursday was the dollar, which fell against the German mark and the Japanese yen, continuing a three-day slide. 4. Also, the fall of the Japanese yen against the dollar in the last year has bolstered the profits of export-oriented companies like NEC. 5. Among the biggest changes was the rebound of the dollar against the Japanese yen. 6. An artificially weak Japanese yen is contributing to the rash of recent UAW strikes by pressuring automakers to cut costs and union jobs, Yokich said. 7. And if the Japanese yen weakens, it will balloon the U.S. trade deficit, and set off another bunch of dominoes. 8. And it is, of course, against the mighty mark -- and the distant Japanese yen -- that the dollar has fared poorly of late. 9. And the dollar was up against the Japanese yen and the German mark. 10. And the weakening of the dollar, particularly against the Japanese yen, coupled with rising commodity prices, raised fears that inflation may recur. |