Late Tuesday, April 1, 2008, the U.S. Dollar showed slight gains, based partly on the news that Lehman Brothers Holding and UBS Switzerland have issued new shares to support their balance sheets. The offerings by these two investment banks were well received by investors. In addition, the U.S. Dollar was helped by better-than-expected data released by the Institute of Supply Management, which shows that the U.S. manufacturing sector index rose from 48.3 for the month of February to 48.6 for the month of March, which is better than the expected decline to 47.5.
