1. The mark lost ground after German interest rates fell. 2. But the mark lost some of its allure Monday, as many traders sold off the German currency in profit taking. 3. However the mark lost ground against the French franc in sluggish early trading in Paris. 4. Until now, the mark has lost some of its attraction as a refuge currency with each indication that European economic and monetary union will be enforced. 5. The German mark generally lost ground, enabling other European currencies to firm, particularly the French franc. 6. The German mark lost ground against the lira after Silvio Berlusconi dropped a demand for early legislative elections in June. 7. The German mark lost ground on European money markets Wednesday, while the dollar regained lost ground following the announcement of sanctions moves against Japan over auto exports. 8. The mark lost some ground. 9. The mark lost ground against leading European currencies early on Monday because the market was expecting a cut in German interest rates later this week, dealers said. 10. The mark lost ground against most other currencies, remaining on a basic downtrend that set in Friday afternoon after release of US employment figures for January. |