1. Earlier, the dollar fell against the yen amid speculation Japanese interest rates might be headed higher. 2. Even so, the dollar failed to rally against the yen amid growing expectations the Japanese government will announce an additional economic stimulus package. 3. In foreign exchange trading, the dollar rose against the yen amid optimism that the administration and Congress are making progress toward a plan to balance the U.S. budget. 4. It fell for a fourth day versus the yen amid concern over the U.S. trade deficit with Japan. 5. It pared losses against the yen amid speculation the Bank of Japan would buy dollars. 6. It was little changed against the yen amid speculation the Bank of Japan will sell dollars for yen. 7. It rose against the yen amid tension in the Taiwan Straits. 8. Japanese bonds rose as the dollar fell against the yen amid diminishing expectations for a U.S. Federal Reserve interest rate increase next week. 9. JAPANESE YEN The dollar fell against the yen amid speculation the central bank may soon raise interest rates. 10. Meanwhile, the U.S. dollar strengthened against the Japanese yen amid renewed concern about the health of the Japanese financial institutions. |