1. A surge in the dollar helped set off the bond rally Friday, but Monday the dollar retreated against the German mark and other European currencies. 2. A strong dollar supported bonds early in the session, but when the dollar retreated, bond investors used the slippage as an excuse to sell. 3. European stocks declined, pacing bonds, as the dollar retreated and Bundesbank president Hans Tietmeyer hobbled optimism that German interest rates are poised to fall soon. 4. Now, analysts are hoping the dollar will retreat against the yen, boosting demand again from Asia. 5. That caused the dollar to retreat from earlier advances against the yen, making investors skeptical that yields on foreign securities will draw Japanese investors, Makabe said. 6. The dollar retreated against the deutsche mark. 7. The dollar retreated against the mark as the pound pared its losses against the U.S. currency. 8. The dollar retreated from its highs against the yen after U.S. business executives called for a weaker dollar to boost their exports to Japan. 9. The dollar retreated in profit-taking after gaining on the financial turmoil in Mexico. 10. The dollar also retreated as traders pared their holdings of the U.S. currency before the long weekend. |