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Dollar, Gold Down in Europe 3/29

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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-29-04 11:55 AM
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Dollar, Gold Down in Europe 3/29
Last week the "word on the street" was that the bank of japan had blown $150 billion on recent dollar purchases used to keep the dollar strong versus the yen for trade purposes - and the BOJ was ending such support so as to support Bush's desire to have a weak dollar and a trade plus/jobs plus before the election.

http://ap.tbo.com/ap/breaking/MGACLKOQESD.html

Dollar, Gold Down in Europe
The Associated Press
Published: Mar 29, 2004


LONDON (AP) - <snip>.. euro was quoted at $1.2149, up from $1.2113 Friday... 105.51 Japanese yen, down from 105.95; 1.2844 Swiss francs, up from 1.2823, and 1.3113 Canadian dollars, down from 1.3185... in New York, the dollar was quoted at 105.33 yen and 1.2842 Swiss francs. <snip>
Gold traded in London at $419.10 bid per troy ounce, down from $420.90 Friday.<snip>

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teryang Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-30-04 12:38 AM
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1. Not for long n/t
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