31. The dollar was also undermined as Treasuries fell, spurring concern that foreign investors quitting the U.S. market would sell their dollar proceeds. 32. The dollar was also undermined by allegations that President Bill Clinton asked a former White House intern to lie under oath about an alleged affair they had. 33. The dollar was also undermined by the August U.S. retail sales report, according to Schmidt at Chase Manhattan. 34. The dollar was also undermined yesterday because international investors selling U.S. stocks often sell the dollar proceeds for other currencies. 35. The fading expectations for higher U.S. rates could undermine the dollar because a rate increase in that country makes dollar-denominated deposits more attractive to investors. 36. The Mexican recession is also undermining the dollar because the two countries have close economic ties. 37. The Mexican recession undermines the dollar because the two neighboring countries have close economic ties. 38. The report fueled expectations that foreign exporters will have ever-more dollars to convert into yen and undermined the dollar against other major currencies, traders said. 39. These transactions also undermined the dollar against the mark. 40. Undermining the dollar is speculation that Japanese rates may rise sooner than expected. |
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