Dollar Down
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
LONDON (AP) – The American dollar was down against most other major currencies in European trading late Friday. Gold was up.
The euro traded at $1.3428, up from $1.3387 late Wednesday in New York. Later, in midday trading in New York, the euro fetched $1.3435.
Other dollar rates in Europe, compared with late Wednesday, included 124.06 Japanese yen, up from 123.67; 1.2329 Swiss francs, down from 1.2418; and 1.0680 Canadian dollars, down from 1.0759.
The British pound traded at $1.9958, up from $1.9922.
In midday New York trading, the dollar bought 124.02 yen and 1.2321 Swiss francs, while the pound was worth $1.9967.
Gold traded in London at $652.60 bid per troy ounce, up from $651.50 late Thursday.
In Zurich gold traded at $650.60, up from $649.95.
Gold fell $2 in Hong Kong to $652.45.
Silver opened in London at $13.10 bid per troy ounce, up from $13.05.
