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To: Sig who wrote (142843)	9/26/1999 3:53:00 PM
From: TechMkt	Respond to of 176387

Hope this forbodes well for the market this week. Fez ______________________________ Sunday September 26, 3:33 pm Eastern Time (Note: this article is ``in progress'; there will likely be an update soon.) Yen marked down after G7 on Monday in Australasia WELLINGTON, Sept 27 (Reuters) - The Japanese yen softened against the U.S. dollar and the euro in early Monday trade in Australasia, in the aftermath of a weekend G7 meeting that expressed ``concern' at the strength of the yen. Initial quotes showed the dollar at 105.62/65 yen, versus 104.12/22 yen in late U.S. trading on Friday. Activity picked up by about 0715 local (1915 GMT) and the dollar edged back to 105.35/45. Last week the dollar hit three-year lows near 103 yen. Quoted euro/yen levels also moved up against the yen, jumping about a yen from Friday levels to 109.19/25 at 1900 GMT then moving on to 109.73/82 by 1918 GMT. Euro/dollar moved least of the majors, after a prolonged sideways phase in recent weeks, though the dollar initially nudged ahead with a first quote of $1.0416/21 at 1900 GMT before shifting back towards a level of $1.0425/30. That compared with a level of about $1.0440/45 in late U.S. trading on Friday. (Note: this article is ``in progress'; there will likely be an update soon.)