U.S. Market March 26, 2001

The euro rose from near a three-month low against the dollar on speculation the European Central Bank will trim interest rates soon to bolster economic growth. The Euro tested the .8970 area in late NY.

The yen was near a 22-month low against the dollar before recovering to 122.70 in late NY. Yen started off the session on a soft tone, as declining sales at Japanese supermarkets and department stores bolstered concern investors will seek financial assets outside Japan.

The Dow Jones stocks rallied 182 points while NASDAQ lost 10 in equity trading on Monday.

www.nicorp.org