Posted at 10:05 a.m., Monday, January 14, 2008
Dollar falls versus currencies in European trading
Associated Press
LONDON (AP) — The U.S. dollar weakened against other major currencies in European trading Monday. Gold rose.The euro traded at $1.4872, up from $1.4785 late Friday in New York. Later, in midday trading in New York, the euro fetched $1.4880.
Other dollar rates in Europe, compared with late Friday, included 108.04 Japanese yen, down from 108.91; 1.0934 Swiss francs, down from 1.1010; and 1.0158 Canadian dollars, down from 1.0206.
The British pound was quoted at $1.9588, up from $1.9573.
In midday New York trading, the dollar bought 108.12 yen and 1.0927 Swiss francs, while the pound was worth $1.9584.
Gold traded in London at $907.75 per troy ounce, up from $895.55 late Friday. In Zurich, gold traded at $907.20 bid per troy ounce, up from $893.95.
Silver opened in London at $16.46, up from $16.11.
