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Dollar mostly higher, gold falls in Europe

17 Apr, 2008 @ 12:35 pm EST
AP
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LONDON - The U.S. dollar was mostly up against other major currencies in European trading Thursday. Gold was down.

The euro traded at $1.5905, down from $1.5954 late Wednesday in New York. Later, in midday New York trading, the euro fetched $1.5920.

Other dollar rates in Europe, compared with late Wednesday, included 102.34 Japanese yen, up from 102.04; 1.0042 Swiss francs, up from 0.9995; and 1.0107 Canadian dollars, up from 1.0018.

The British pound was quoted at $1.9843, up from $1.9708.

In midday trading in New York, the dollar bought 102.22 yen and 1.0023 Swiss francs, while the pound was worth $1.9905.

Gold traded in London at $942.20 per troy ounce, down from $947.80 late Wednesday. In Zurich, gold traded at $940.25 bid per troy ounce, down from $945.00.

Silver traded in London at $18.24, down from $18.41.

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