1. Any evidence that sets back such speculation can be expected to support the dollar, according to Paul Coughlin, the chief trader at Amex Bank. 2. -- Sumitomo denied a report in the Times of London that its former chief copper trader, Yasuo Hamanaka, is being held in a safe house in Japan. 3. He pointedly asked how the president of the company could not have known about the losses racked up by the chief copper trader. 4. Hirokazu Note, chief trader at Sumitomo Bank Ltd., said the mark could strengthen further after European traders step into the currency market later today. 5. Hirokazu Note, chief trader at Sumitomo Bank Ltd., said the rising bond yield also helped boost the yen today. 6. It attributed the losses to unauthorized trading by its former chief copper trader, Yasuo Hamanaka. 7. It blamed the losses on a decade of unauthorized trading by its former chief copper trader, Yasuo Hamanaka. 8. Sumitomo blames the loss on a decade of unauthorized trading by its former chief copper trader, Yasuo Hamanaka. 9. Sumitomo said its losses resulted from a decade of unauthorized trading by its former chief copper trader, Yasuo Hamanaka, who was fired earlier this month. 10. Still, concern about inflation led many investors to shy away from stocks today, said German Guerrero, chief trader at the brokerage Celfin SA. |
|