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Current DateTime: 01:55:46 07 Sep 2008
LinksList Documentid: 24355697
Dollar mostly higher, gold rises in Europe
updated 12:41 p.m. ET Sept. 5, 2008
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LONDON - The U.S. dollar was mostly higher against other major currencies in European trading Friday. Gold rose.

The euro traded at $1.4281, down from $1.4331 late Thursday in New York. Later, in midday trading in New York on Friday, the euro fetched $1.4235.

Other dollar rates in Europe, compared with late Thursday, included 106.61 Japanese yen, down from 107.04; 1.1086 Swiss francs, down from 1.1088; and 1.0644 Canadian dollars, down from 1.0673.

The British pound was quoted at $1.7673, down from $1.7690.

In New York midday trading, the dollar bought 107.03 yen and 1.1165 francs, while the pound was worth $1.7619.

Gold traded in London at $808.50 per troy ounce, up from $805.75 late Thursday.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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