1
 The dollar finished lower yesterday,
5001
span

2
 after tracking another rollercoaster session on Wall Street.
1
temporal-after

3
 Concern about the volatile U.S. stock market had faded in recent sessions,
5061
background

4
 and traders appeared content to let the dollar languish in a narrow range until tomorrow,
5061
span

5
 when the preliminary report on third-quarter U.S. gross national product is released.
4
elaboration-object-attribute-e

6
 But seesaw gyrations in the Dow Jones Industrial Average yesterday put Wall Street back in the spotlight
7
consequence-n

7
 and inspired market participants to bid the U.S. unit lower.
5004
span

8
 UAL's decision
5006
span

9
 to remain an independent company 
8
elaboration-object-attribute-e

10
sent share prices tumbling.
5007
Same-Unit

11
 By midmorning, the DJIA had plunged 80 points
5008
span

12
 and foreign-exchange dealers quickly drove the dollar down.
5009
span

13
 When the DJIA modestly rebounded,
14
consequence-n

14
 the dollar bounced back in choppy dealings
5010
span

15
 but ended the day below the levels of late Monday.
5011
span

16
 Stock prices, meanwhile, posted significant gains in later trading 
5014
List

17
and closed down by only 3.69 points on the day.
5014
List

18
 Some dealers said
19
attribution

19
 that the market's strong reaction to Wall Street reflects a general uneasiness about the dollar.
5016
span

20
 They added 
5018
attribution

21
that the DJIA's swift drop proved an easy excuse for the market
5018
span

22
 to drive the U.S. currency in the direction 
5017
span

23
it was already headed.
22
elaboration-object-attribute-e

24
 In late New York trading yesterday, the dollar was quoted at 1.8355 marks, down from 1.8470 marks Monday, and at 141.45 yen, down from 141.90 yen late Monday.
5021
List

25
 Sterling was quoted at $1.6055, up from $1.6030 late Monday.
5021
List

26
 In Tokyo Wednesday, the U.S. currency opened for trading at 141.57 yen, down from Tuesday's Tokyo close of 142.10 yen.
5022
Comparison

27
 Tom Trettien, a vice president with Banque Paribas in New York, sees a break in the dollar's long-term upward trend, a trend 
5024
span

28
that began in January 1988.
27
elaboration-object-attribute-e

29
 He argues
30
attribution

30
 that the dollar is now moving sideways, 
5026
span

31
adding 
32
attribution

32
that the next leg could be the beginning of a longer term bearish phase.
5025
span

33
 Analysts peg the dollar's recent weakness to an underlying slowdown in the U.S. economy,
5030
span

34
 highlighted by recent economic data, particularly a surprisingly sharp widening in the August U.S. trade gap.
33
elaboration-additional-e

35
 They also point out
36
attribution

36
 that narrowing interest-rate differentials between the U.S. and its major trading partners tend to make the U.S. currency less attractive to foreign investors.
5031
span

37
 Despite several spurts of dollar trading,
38
concession

38
 it was noted that mark-yen cross trade grabbed much of the market's attention.
5034
span

39
 Following the dive in U.S. stocks,
40
temporal-after

40
 the mark has strengthened more than its major counterparts.
5035
span

41
 Traders attribute the mark's surge to a robust West German economy and higher rate differentials.
5037
List

42
 But, they add 
43
attribution

43
that the mark's strength is in part a reflection of a shift away from U.S. assets by Japanese investors into West German investments.
5036
span

44
 The question remains:
5039
span

45
 how much can the West German market absorb?
44
elaboration-object-attribute-e

46
 says one senior dealer.
5039
attribution

47
 Some dealers say 
5045
attribution

48
that Bank of Japan Governor Satoshi Sumita's reassurance 
5044
span

49
that Japanese monetary policy won't be changed for the time being
48
elaboration-object-attribute-e

50
 has given investors an added excuse 
5043
span

51
to push the yen down even further against the mark.
50
elaboration-object-attribute-e

52
 Despite the yen's weakness with respect to the mark,
5048
concession

53
 Tokyo traders say 
5047
attribution

54
they don't expect the Bank of Japan to take any action 
5047
span

55
to support the Japanese currency on that front.
54
elaboration-object-attribute-e

56
 Meanwhile, sterling slumped on news 
5052
span

57
that the United Kingdom posted a wider-than-expected trade deficit in September.
56
elaboration-object-attribute-e

58
 The news also knocked the British unit to below 2.95 marks in London,
59
antithesis

59
 but a bout of short-covering helped sterling recoup some of its earlier losses.
5053
span

60
 On the Commodity Exchange in New York, gold for current delivery jumped $3.20 to $370.20 an ounce.
5055
span

61
 The close was the highest since Aug. 15.
60
elaboration-additional

62
 Estimated volume was a light two million ounces.
5055
elaboration-additional

63
 In early trading in Hong Kong Wednesday, gold was quoted at $368.25 an ounce.
5057
Comparison

5001
span
5015
summary-s

5002
span



5003
span
5004
antithesis

5004
span
5005
span

5005
span
5013
span

5006
span
5007
Same-Unit

5007
multinuc
11
result

5008
span
12
consequence-n

5009
span
5011
temporal-after

5010
span
15
antithesis

5011
span
5012
span

5012
span
5005
elaboration-general-specific

5013
span
5015
span

5014
multinuc
5013
elaboration-additional

5015
span
5059
span

5016
span
5020
span

5017
span
21
elaboration-object-attribute-e

5018
span
5019
span

5019
span
5016
elaboration-additional

5020
span
5023
span

5021
multinuc
5022
Comparison

5022
multinuc
5020
evidence

5023
span
5029
span

5024
span
5028
span

5025
span
5026
elaboration-additional

5026
span
5027
span

5027
span
5024
elaboration-additional

5028
span
5023
example

5029
span
5033
span

5030
span
5032
span

5031
span
5030
elaboration-additional

5032
span
5029
explanation-argumentative

5033
span
5060
span

5034
span
5042
span

5035
span
5038
span

5036
span
5037
List

5037
multinuc
5035
explanation-argumentative

5038
span
5041
span

5039
span
5040
span

5040
span
5038
comment

5041
span
5034
elaboration-additional

5042
span
5051
span

5043
span
5045
Same-Unit

5044
span
5045
Same-Unit

5045
multinuc
5046
span

5046
span
5050
span

5047
span
5048
span

5048
span
5049
span

5049
span
5046
elaboration-additional

5050
span
5042
elaboration-additional

5051
span
5058
Topic-Drift

5052
span
5054
span

5053
span
5052
elaboration-additional

5054
span
5058
Topic-Drift

5055
span
5056
span

5056
span
5057
Comparison

5057
multinuc
5058
Topic-Drift

5058
multinuc



5059
span
5033
evaluation-n

5060
span
5058
Topic-Drift

5061
span
5003
span

