1
 The dollar weakened in indecisive trading
5004
span

2
 as foreign-exchange dealers awaited fresh economic news
5003
span

3
 that
5001
span

4
 they hope 
3
attribution-e

5
will jolt the U.S. unit out of its narrow ranges.
5002
Same-Unit

6
 The Canadian dollar climbed to its highest level against the U.S. dollar since late August,
5005
span

7
 prompting the Bank of Canada to sell the Canadian currency on the market.
6
consequence-s

8
 Traders say
5008
attribution

9
 that
5008
Same-Unit

10
 after a week of nervously tracking every development on Wall Street,
5006
temporal-after-e

11
 the foreign-exchange market has settled back 
5006
span

12
to catch its breath ahead of new U.S. economic data.
11
purpose

13
 They noted, however,
14
attribution

14
 that a 26-point drop in the Dow Jones Industrial Average gave the dollar a sharp nudge downward late in the day.
5011
span

15
 In late New York trading yesterday, the dollar was quoted at 1.8470 marks, down from 1.8578 marks late Friday, and at 141.90 yen, down from 142.43 yen late Friday.
5015
List

16
 Sterling was quoted at $1.6030, up from $1.5885 late Friday.
5015
List

17
 In Tokyo Tuesday, the U.S. currency opened for trading at 141.80 yen, down from Monday's Tokyo close of 142.40 yen.
5015
List

18
 The market's attention is especially focused on a preliminary report on the U.S. third-quarter gross national product, due out Thursday,
5019
span

19
 which could show 
20
attribution

20
the economy is continuing to expand at a relatively brisk pace.
5018
span

21
 The consensus view on real GNP, the total value of the U.S. output of goods and services
5021
span

22
 adjusted for inflation,
21
elaboration-object-attribute-e

23
 calls for a 2.3% gain on an annual basis,
5020
span

24
 slowing somewhat from the second quarter's 2.5%, but still fairly strong.
23
elaboration-object-attribute-e

25
 Few market participants expect the U.S. unit to rally sharply on the news,
5025
span

26
 if it turns out
5024
span

27
 as expected.
26
manner

28
 Many contend 
29
attribution

29
that the report may overstate the economy's health
5028
span

30
 and predict
5026
attribution

31
 the third-quarter figures may be the last vigorous statistics for some time
5026
span

32
 to come.
31
elaboration-object-attribute-e

33
 Everyone is waiting for GNP,
5032
span

34
 says Walter Simon, an assistant treasurer with Bank Julius Baer & Co.
33
attribution

35
 Yet even a relatively strong number 
5034
span

36
-- 2.8% to 2.9% --
35
elaboration-general-specific-e

37
 won't alter the market's view 
5033
span

38
that the economy is softening.
37
elaboration-object-attribute-e

39
 Hubert Pedroli, managing director of foreign exchange at Credit Suisse in New York, adds,
40
attribution

40
 The market sees this as the last piece of good news.
5037
span

41
 Mr. Pedroli notes 
5039
attribution

42
that the GNP deflator, a measure of inflation, is expected to slow,
5039
span

43
 which would give the Federal Reserve more room
5038
span

44
 to ease key U.S. rates.
43
elaboration-object-attribute-e

45
 Analysts predict a 3.5% rise in the deflator,
5041
span

46
 after climbing 4.6% in the second quarter.
45
temporal-after

47
 They note 
5046
attribution

48
that
5046
Same-Unit

49
 when an unexpectedly sharp widening in the U.S. trade gap in August was reported earlier this month,
5044
consequence-n-e

50
 hopes for a sustained narrowing of the trade deficit were dashed
5044
List

51
 and sentiment gripped the market
5043
span

52
 that the U.S. economy was losing its momentum.
51
elaboration-object-attribute-e

53
 A 190-point plunge in U.S. stock shares compounded the view,
5058
span

54
 they say.
53
attribution

55
 Everyone is extremely convinced the economy is slowing,
5069
span

56
 says one senior New York dealer.
55
attribution

57
 If we're not headed for a recession,
5068
Disjunction

58
 we're certainly headed for a major slowdown.
5068
Disjunction

59
 While the market expects little reaction from news of U.S. durable goods orders,
5072
span

60
 scheduled for release today,
59
elaboration-additional-e

61
 participants note
62
attribution

62
 that the figures will probably serve to reinforce this bearish sentiment.
5071
span

63
 U.S. durable goods orders are expected to show a decline of 1.2% in September,
5074
span

64
 according to economists.
63
attribution

65
 The anticipated drop follows a 3.9% rise in August.
5074
elaboration-additional

66
 Traders, however, are quick to point out
5079
attribution

67
 that
5079
Same-Unit

68
 while there is little enthusiasm for buying dollars,
69
antithesis-e

69
 the U.S. unit has found a natural bottom at about 1.85 marks and 140 yen.
5078
span

70
 Its resilience around these levels is pegged to persistent investor demand for the greenback, especially in Japan.
5080
explanation-argumentative

71
 On the Commodity Exchange in New York, gold for current delivery settled at $367 an ounce, down 30 cents.
5089
span

72
 Estimated volume was a very light one million ounces.
71
elaboration-additional

73
 In early trading in Hong Kong Tuesday, gold was quoted at $366.79 an ounce.
5089
elaboration-additional

5001
span
5002
Same-Unit

5002
multinuc
2
elaboration-object-attribute-e

5003
span
1
circumstance

5004
span
5062
span

5005
span
5004
comparison

5006
span
5007
span

5007
span
5008
Same-Unit

5008
multinuc
5009
span

5009
span
5092
antithesis

5010
span



5011
span
5092
span

5012
span



5013
span



5014
span



5015
multinuc
5011
evidence

5016
span



5017
span



5018
span
18
elaboration-object-attribute-e

5019
span
5066
span

5020
span
5022
Same-Unit

5021
span
5022
Same-Unit

5022
multinuc
5019
elaboration-additional

5023
span



5024
span
25
circumstance

5025
span
5082
span

5026
span
5027
span

5027
span
5029
List

5028
span
5029
List

5029
multinuc
5082
explanation-argumentative

5030
span



5031
span



5032
span
5035
circumstance

5033
span
5035
Same-Unit

5034
span
5035
Same-Unit

5035
multinuc
5036
span

5036
span
5048
span

5037
span
5085
span

5038
span
42
consequence-s

5039
span
5040
span

5040
span
5042
span

5041
span
5060
span

5042
span
5037
explanation-argumentative

5043
span
5044
List

5044
multinuc
5045
span

5045
span
5046
Same-Unit

5046
multinuc
5047
span

5047
span
5059
span

5048
span
5083
elaboration-additional

5049
span



5050
span
5062
elaboration-additional

5051
span



5052
span



5053
span



5054
span



5055
span



5056
span



5057
span



5058
span
5047
elaboration-additional

5059
span
5041
elaboration-additional

5060
span
5040
elaboration-additional

5061
span



5062
span
5063
span

5063
span
5088
span

5064
span



5065
span



5066
span
5025
circumstance

5067
span



5068
multinuc
5069
interpretation-s

5069
span
5070
span

5070
span
5077
span

5071
span
5076
span

5072
span
5076
antithesis

5073
span
5070
elaboration-additional

5074
span
5075
span

5075
span
5071
elaboration-additional

5076
span
5073
span

5077
span
5084
elaboration-additional

5078
span
5079
Same-Unit

5079
multinuc
5080
span

5080
span
5081
span

5081
span
5086
antithesis

5082
span
5083
span

5083
span
5084
span

5084
span
5086
span

5085
span
5036
elaboration-additional

5086
span
5087
span

5087
span
5063
elaboration-additional

5088
span
5091
Topic-Shift

5089
span
5090
span

5090
span
5091
Topic-Shift

5091
multinuc



5092
span
5050
span

