1. Also supporting the dollar are historic low Japanese interest rates, said Yuhiko Kaji, a currency analyst at Sakura Bank. 2. Also supporting the dollar were reports on consumer prices and industrial production showing that the U.S. economy is growing while inflation remains in check. 3. American gold reserves could no longer support the dollars in circulation. 4. And it comes after months of efforts by the Bank of Japan to support the dollar by buying the U.S. currency. 5. And the expectations for a rate increase as soon as next Tuesday are likely to support the dollar, they said. 6. And rising bond prices support the dollar, since foreign investors must buy dollars to buy the bonds. 7. And that should support the dollar, said Koss of Ramirez. 8. And the U.S.-Japan commitment to jointly support the dollar has come under doubt. 9. Any evidence that sets back such speculation can be expected to support the dollar, according to Paul Coughlin, the chief trader at Amex Bank. 10. Banks were hurt by concerns the Bank of Canada may raise interest rates to support the dollar. |