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Natural Sound The Nikkei Stock Average closed at 17,534.44 points, down 195.90 points, or 1.10 per cent, on the Tokyo Stock Exchange on Friday. The dollar traded lower against the yen on Friday buying 117.26 yen, down 1.18 yen from late on Thursday in Tokyo. Traders said the dollar was under selling pressure amid renewed concerns of U-S inflation sparked by U-S Federal Reserve Chairman Alan Greenspan warnings about what he called "euphoria" in the markets. Proof if it was needed of how inextricably bound are the world's financial markets. U-S Federal Reserve Chairman Alan Greenspan on Thursday's warnings about over-valuation of U-S share prices sent stocks tumbling on Wall Street. It also saw the dollar fall relative to the yen. Far from being good news for Japan, this makes Japanese exports more expensive and hinders Japan's efforts to struggle out of a long recession. Japanese stocks closed 1.1 per cent down at 17534.44. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/e6917cd4dceead78edc9790227ab4a9f Find out more about AP Archive: http://www.aparchive.com/HowWeWork