The dollar surged after Market News Service, quoting unnamed sources, reported that officials from the U . S . and Germany like to see it rise substantially.
22.
Traders were eager for confirmation of the report yesterday by Market News Service quoting unidentified sources saying U . S . and German authorities want a stronger dollar.
23.
Yesterday, the dollar rose to four-month highs against the mark after Market News Service quoted unidentified sources saying U . S . and German authorities want a stronger dollar.
24.
Bonds, like stocks, spent most of the day declining, a slide that began after Market News Service said central bankers are " increasingly confident " about the economy's recovery.
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The dollar also benefited against the mark after a report on Market News service that Bundesbank council member Klaus-Dieter Kuehbacher said there was scope to cut German money-market rates further.
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The dollar also benefited against the mark from a report on Market News service that Bundesbank council member Klaus-Dieter Kuehbacher said there was scope to cut German money-market rates further.
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In an interview Wednesday with the Market News service, Susan Philips, a Federal Reserve governor, said she might not be willing to wait for a rise in the " core"
28.
Blinder told the Market News Service on Thursday that the central bank had a " window of opportunity " to cut rates now to head off an economic decline in 1997.
29.
Another report, by Market News service, quoted unidentified Germans " close to the Finance Ministry and central bank " as saying they would welcome a range of 1.70-1.75 marks to the dollar.
30.
Bonds declined after Fed Gov . Lawrence Lindsey said that while he favors cutting interest rates, that view puts him in a minority at the central bank, according to Market News Service.
