A trader said Moody's Investors Service's downgrades for the foreign currency ceilings of various debt in Indonesia, Malaysia, South Korea and Thailand led to heavy speculative demand for dollars in the Philippines.
22.
"We've gone into a weak seasonal period for gold, and the speculative demand for gold isn't there right now because the price has pulled back almost US $ 28 from its peak,"
23.
The Mexican peso fell to a new record low against the dollar in late trading Friday, a decline dealers attributed to a surge of speculative demand for the U . S . currency.
24.
Traders said speculative demand for the dollar pushed the peso lower, mainly because of mixed signals from Ramos over whether he is planning to step down at the end of his term next year.
25.
The peso fell sharply against the dollar Friday as euphoria over a dlrs 7.5 billion credit line to Mexico from the International Monetary Fund faded and speculative demand for the U . S . currency returned.
26.
The Philippine peso closed at a new record low against the U . S . dollar on heavy speculative demand for the U . S . currency ahead of an anti-charter change rally set for Sunday.
27.
He said that while speculative demand for residential units has disappeared, there has been an increase in demand from end-users who have warmed to the idea of condominium living in the city over a commute to the suburbs.
28.
The peso fell sharply against the dollar Friday as euphoria over a dlrs 7 . 5 billion credit line to Mexico from the International Monetary Fund faded and speculative demand for the U . S . currency returned.
29.
The dollar is poised to fall against the Japanese yen because speculative demand for the U . S . currency has peaked, said Fred Bergsten, director of the Institute for International Economics, a U . S .-based research group.
30.
The price of gold rose above $ 400 an ounce for the first time in nearly two and a half years Wednesday, pushed higher in part by speculative demand from investors fleeing, at least temporarily, the stock and bond markets.
