8 August 2001, 09:16 Market review
In currencies during U.S. hours, The dollar ended at its weakest
levels of the session against the yen Tuesday but was holding steady
against the euro in mostly quiet trade. Dollar-yen ended a mostly
soporific session Tuesday around Y123.50, its weakest levels of the
session after a light bout of yen buying drove both dollar-yen and
euro-yen lower, traders said. Euro-yen eased to levels around Y108.30,
trading just below key technical support at Y108.40 that had underpinned
the pair for much of the day. Light stop-loss euro sales were seen when
the currency broke the support level, traders said.
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