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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Bobby Yellin who wrote (38377)	8/5/1999 8:33:00 AM
From: Rarebird	Respond to of 116753

By By Dollar: The Bear is here: US dollar continues to slide The dollar-yen rate has gone through dramatic swings The US dollar has continued to weaken on international currency markets as dealers are convinced that US interest rates are bound to rise soon. Dealers believe that the European and Japanese economies are now on the mend, while inflation is becoming a real threat in the United States. On Wednesday the greenback fell to 114.2 yen on expectations that the strengthening Japanese economy would lead to interest rate rises. And the euro strengthened to nearly $1.08 as more evidence of improving business and consumer confidence in Europe emerged. news.bbc.co.uk