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To: Crimson Ghost who wrote (192064)9/15/2002 4:08:46 PM
From: Tom Smith  Respond to of 436258
 
quotes.ino.com



To: Crimson Ghost who wrote (192064)9/15/2002 6:25:42 PM
From: Challo Jeregy  Read Replies (1) | Respond to of 436258
 
09/15 10:21
U.S. Dollar
May Extend
Eight-Week
Rally:
Currency
Outlook
By Heather Bandur

New York, Sept. 15
(Bloomberg) -- The
dollar may keep
rising.

The eight-week rally
that has driven the U.S. currency up from a 2 1/2-year low against the
euro and a 17-month low against the yen will last at least another week as
evidence mounts that economic growth is stronger in the U.S. than in
Europe and Japan, some analysts said. . . .

. . . Speculation that the Japanese government may sell yen to boost the
nation's faltering export-led recovery may weaken the yen, analysts said.
Haruhiko Kuroda, vice finance minister for international affairs, said Friday
that selling the currency ``in a massive way'' would help reverse deflation
and boost exports. . . .

. . . . ``Even though the U.S. recovery has been lackluster, it's still stronger than
anything we have seen out of Europe and Japan,'' said Doug Porter, an
economist at BMO Nesbitt Burns Inc.

U.S. Treasury Secretary Paul O'Neill is scheduled to speak Monday on the
economy.

quote.bloomberg.com