Friday, June 09, 2006

U.S. Dollar Mixed Against Other Currencies

The dollar turned mixed Friday against other major currencies, rising against the euro, holding steady against the British pound and falling against the Japanese yen.In late New York trading, the euro slipped slightly to $1.2644 from $1.2646 in New York on Thursday.

The British pound was lower at $1.8413 in late New York trading, while the dollar fell to 113.92 Japanese yen from 114.21; 1.2312 Swiss francs from 1.2323; and 1.1063 Canadian dollars from 1.1224.

The European Central Bank boosted its key lending rate by a quarter percentage point to 2.75 percent at a meeting Thursday in Madrid, Spain, but some had speculated it would raise rates even higher.

Read more here.

1 comment:

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