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Tuesday, July 15, 2008
US dollar mostly lower in Europe trading
The U.S. dollar sank to a new low against the euro Tuesday and was lower against most other major currencies in European trading. Gold prices rose. The 15-nation euro rose to an all-time high of $1.6038 in European trading, surpassing its previous record of $1.6018 set on April 22. It later fell to $1.5983 -- still above the $1.5916 it bought in late New York trading Monday. Other dollar rates compared with late rates Monday included: 106.23 Japanese yen, up from 106.09; 1.0168 Swiss francs, down from 1.0178, and 1.0052 Canadian dollars, down from 1.0096...more
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