11.   Sterling also shed initial gains provoked by a quarterly report from the Bank of England on inflation which signalled that British interest rates might have to be increased further.

12.   The dollar fell here on Monday, shedding gains in response to publication of figures for US industrial production in April which were in line with expectations.

13.   The dollar shed earlier gains against the yen Friday afternoon after the Bank of Japan decided to leave monetary policy unchanged, dealers said.

14.   The financial markets, which have been on an upward spiral recently, reflected the mixed emotions, by shedding the gains and then retaking them.

15.   The dollar ended the day here little changed from its price late on Tuesday, shedding early gains in response to the outcome of elections in the United States.

16.   The dollar shed the gains it had made on the back of the US-Japan car trade deal in dealing in Europe on Thursday.

17.   The key index shed gains from the morning close, with investors focusing on penny stocks.