31. The dollar drifted higher in extremely quiet pre-holiday trading. 32. The dollar drifted lower following its slide in overseas trading Friday on expectations of a U.S. interest rate cut in the next few months. 33. The dollar then drifted lower on selling by Japanese exporters, said Yuhiko Kaji of Sakura Bank. 34. The dollar was drifting downward in Tokyo because of selling pressure from foreign institutional investors, said Masahiro Yamaguchi of Tokai Bank. 35. The market skepticism was cited as a primary reason the dollar drifted lower in advance of the communique. 36. The Sing dollar could drift sideways against the ringgit for a while. 37. Traders said the dollar drifted higher through cross trading, in which buying of German marks against the yen helped push the U.S. currency higher. 38. Thursday, the dollar drifted lower from late New York levels on selling by foreign players and Japanese institutional investors. 39. Traders said the dollar was drifting downward as many participants waited for indications of whether the Bank of Japan would step into the market. 40. The dollar drifted higher in light trading here Thursday supported by position-squaring at the European close, traders said. |