1.   The French franc rallied and stocks rose for the first time in six days as the government stood firm on welfare spending cuts that have triggered nationwide strikes.

2.   The Belgian franc immediately rallied.

3.   However, the franc rallied on Monday after coming under attack at the end of last week.

4.   But once it became clear that Juppe was staying on, the franc rallied and firmed.

5.   Dealers said that the franc might rally slightly if the dollar recovered from falls on Tuesday.

6.   The peseta was weak when the foreign exchange market reopened here on Wednesday after a four-day holiday, and the French franc rallied slightly, dealers said.

7.   This was because the franc had rallied during the weekend before the election of conservative Jacques Chirac as French president on Sunday, dealers said.

8.   The franc rallied a bit late in the session.

9.   The franc rallied in response to a denial from the French presidential palace.

10.   The franc then rallied.