41. Despite these moves, the recent positive sentiment underlying shares and bonds suggests the DAX could continue its upward movement, Commerzbank said in its weekly report. 42. The upward movement in prices underlined the healthy state of the oil market, Peat said. 43. The US dollar saw general upward movement against Asian currencies in the first week of the year amid continuing jitters of a further rise in US interest rates. 44. The upward movement of the Dow was also attributed to window-dressing in anticipation of the expirations on Friday. 45. Whether the upward movement will continue depends on long-term buying by investment funds, said Chris Iggo, an economist with Chase Manhattan Bank here. 46. Market analysts maintain that the greenback could resume its upward movement as persistent weakness in the Japanese and European economies trigger capital flows toward the United States. 47. Purchasing by India, which had triggered a big upward movement, declined markedly. 48. Sterling retained its upward movement, while the other European currencies fluctuated in a narrow band. 49. The fibre also gained from the upward movement in prices of other commodities. |
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