11. Most selling came from short-term interbank players who bought the yen, said Shuji Takano, assistant foreign exchange manager at ABN-Amro Bank.
12. On the foreign exchange market, the dollar was higher as Japanese interbank players bought the U.S. currency to cover short, or oversold, positions, traders said.
13. On the foreign exchange market, interbank players took profits on earlier gains against the yen and the German mark.
14. The dollar retreated on selling by interbank players trying to reduce their long, or overbought, dollar positions, traders said.
15. The dollar dropped as interbank players and American funds sold dollars in anticipation that Japanese players might use the Hashimoto remark to push the dollar lower.
16. The dollar was facing selling by interbank players trying to reduce their long, or overbought, dollar positions, traders said.
17. The dollar also was helped by dollar-buying interest by interbank players to cover their short positions and by Japanese securities companies, traders said.
18. The dollar slipped as interbank players and U.S. funds sold dollars in anticipation that Japanese players might use the Hashimoto remark to push the dollar lower.
19. The U.S. currency dropped as interbank players and American funds sold dollars in anticipation that Japanese players might use the Hashimoto remark to push the dollar lower.
20. Traders said profit-taking by Japanese interbank players nudged the American currency lower early in the session following a three-day weekend in Tokyo.