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Pastimes : Ask Mohan about the Market

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To: John Hunt who wrote (15499)4/22/1998 6:52:00 PM
From: John Hunt  Read Replies (2) of 18056
 
SCMP - Remarks knock dollar

scmp.com

<< The US dollar moved lower against the yen yesterday after a senior Tokyo official said that the United States stock market would peak, Japanese assets were a buy and jokingly threatened to sell US treasuries to fund any defence of the yen. >>

<< Expectations persist that the Bank of Japan (BOJ) may sell dollars aggressively in tandem with the announcement of final details of Japan's economic stimulus package tomorrow. >>
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