11.   An early rally on a stronger dollar, rising oil prices and higher Treasury bond prices faded, and selling undermined a broad array of stocks.

12.   And a stronger dollar is good news for Japanese exporters, boosting overseas profits when brought back to Japan.

13.   And for companies that have big markets in Europe, their sales and earnings in euros have been reduced when they are exchanged for stronger dollars.

14.   And in times of great crisis or uncertainty, the world parked its money in Treasury securities, contributing to a stronger dollar and lower interest rates.

15.   And some Japanese and German officials have pointed out that a stronger dollar could help their sagging economies by boosting their exports.

16.   And that kept the dollar stronger than one might have expected, given balance of payments numbers.

17.   And third, a stronger dollar will make goods from abroad cheaper in the United States.

18.   And when those foreign sales are translated back into a stronger dollar at the end of a quarter, they are worth less.

19.   And these companies pay costs and salaries in weaker local currency and earn revenue in stronger dollars.

20.   And traders say even a stronger dollar is doing little to help Japanese companies.