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The Honolulu Advertiser

Posted at 10:51 a.m., Tuesday, January 22, 2008

Dollar mixed in foreign exchange markets

Associated Press

LONDON (AP) — The U.S. dollar was mostly lower against other major currencies in European trading Tuesday. Gold rose.

The euro traded at $1.4625, up from $1.4446 late Monday in New York. Later, in midday trading in New York, the euro fetched $1.4616.

Other dollar rates in Europe, compared with late Monday, included 106.54 Japanese yen, up from 105.93; 1.0973 Swiss francs, down from 1.1085; and 1.0239 Canadian dollars, down from 1.0347.

The British pound was quoted at $1.9609, up from $1.9430.

In midday New York trading, the dollar bought 106.73 yen and 1.0986 Swiss francs, while the pound was worth $1.9586.

Gold traded in London at $891.70 per troy ounce, up from $866.70 late Monday. In Zurich, gold traded at $887.50 bid per troy ounce, up from $866.20.

Silver traded in London at $16.06, down from $16.08.