51. That helped weaken the dollar against European currencies, although U.S. currency dealings were extremely sluggish, traders said. 52. That would weaken the dollar, since investors sell the currency when they divest holdings in U.S. securities. 53. That trend weakens the dollar as investors fear that those companies may be tempted to redeem their dollars for their own currencies. 54. The surplus pushes up demand for yen, weakening the dollar. 55. The statement cast doubt on U.S. commitment to the intervention and perhaps future interventions, which essentially weaken the dollar to give a boost to the euro. 56. Traders were wary that a currency crisis in Brazil might trigger a sell-off on U.S. financial markets that could, in turn, weaken the dollar. 57. Grueter added that the Canadian dollar had been weakened by polls in Quebec Province showing an increase in voters wanting sovereignty. 58. If it points to a stronger economy, the market will bet on higher Japanese interest rates, which would weaken the dollar, they explained. 59. A weaker Dow Jones and bond market also weakened the dollar against the mark. 60. Continued profit-taking weakened the dollar after a failed test of upside resistance against the mark overnight, dealers said. |