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Published on Friday, May 16, 2008
By Daily News Wire Services
The U.S. dollar was lower against other major currencies in European trading Friday. Gold rose in London.
The euro traded at $1.5586, up from $1.5454 late Thursday in New York. Later, in midday trading in New York, the euro fetched $1.5583.
Other dollar rates in Europe, compared with late Thursday, included 103.88 Japanese yen, down from 105.26; 1.0450 Swiss francs, down from 1.0565; 0.9961 Canadian dollars, down from 1.0009.
The British pound was quoted at $1.9586 up from $1.9451.
In midday New York trading, the dollar bought 103.81 yen and 1.0452 Swiss francs, while the pound was worth $1.9573.
Gold traded in London at $904.00 per troy ounce, up from $886.70 late Thursday.
Silver opened in London at $17.03, up from $16.53.
http://dailynews.com/breakingnews/ci_9282593
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