41. BELGIAN stocks jumped as a strong dollar lifted U.S. currency-earners such as UCB SA while higher bonds lifted financial stocks such as Kredietbank SA. 42. Bentsen was concerned about American exporters because the strong dollar made their products more expensive in the Japanese market. 43. Betting on a strong dollar was also a money maker, Gradante said. 44. Bond traders regard a strong dollar as positive, since it makes dollar-denominated investments like Treasury securities more attractive to foreigners. 45. Bonds were also bolstered by a strong dollar in currency trading. 46. Both the Clinton and Bush administrations have favored keeping the dollar strong. 47. Bonds gained as the strong dollar made Treasury issues an attractive safe-haven investment for foreign buyers. 48. A large Japanese trade surplus hurts the dollar, while a strong dollar hurts U.S. exporters by making their products more expensive in Japan and other markets. 49. A good portion of the low inflation we have had has been due to the strong dollar. 50. A news wire report earlier today cited a European Commission official as saying the strong dollar has been welcomed by Europe. |