Traders said there was no sign of dollar buying.

Initially yesterday, two economic reports had encouraged some dollar buying.

In the long run, the economic effects of an end to China's dollar buying would even out.

A strong economic recovery in the United States would have attracted foreign investment and, therefore, dollar buying.

He described the dollar buying as a "flight to quality" prompted by the incident in the Mediterranean.

As they did so, their dollar buying also fueled the rally.

Analysts said they were not certain what inspired the last-minute dollar buying.

But the exact motivation for the concerted dollar buying was not completely clear.

As the week wore on, the massive dollar buying by the central banks finally seemed to be having some impact.

News that inflation picked up this year initially caused heavy dollar buying but it tapered off by late morning.