1. Countless such meetings over the past decade have had to tackle the problem of a sinking dollar. 2. Furthermore, the benefits to U.S. exporters were offset by a climate of economic uncertainty created in world money markets by the sinking dollar, he declared. 3. Gold rose as a sinking dollar brought in overseas buyers while some U.S. investors sought a haven from falling stock and bond markets. 4. Japanese stocks were little changed as concern a sinking dollar may erode profits at exporters such as Sharp Corp., offset increased demand for stocks from new investment funds. 5. Japanese stocks fell, led by exporters such as Toyota Motor Corp. and Sony Corp., on the sinking dollar. 6. The weak dollar discouraged investors from buying U.S. stocks and bonds because a sinking dollar erodes the value of their investments. 7. U.S. Treasuries were little changed in New York yesterday, after plunging on Friday as a sinking dollar weighed on dollar-denominated debt. 8. Worse still, the sinking dollar gave U.S. investors something besides interest rates and profits to be anxious about. 9. Yesterday, a sinking dollar pushed bonds higher by sparking speculation the Bank of Japan will have to keep interest rates at record lows to ensure the economy recovers. 10. A sinking dollar held most stocks lower. |