Early Forex Trading Rates
This morning’s currency market ratesThe day is starting out mixed in forex trading on the currency market. The U.S. dollar is doing a little better than it has lately on hopes that the Bush Administration announcement on the mortgage rate freeze will lead to a "soft landing" for the U.S. economy. The AP reports on this morning’s early forex trading rates:
The euro traded at $1.4635, up from $1.4633 late Thursday in New York.
Other dollar rates:
_111.43 Japanese yen, up from 111. 0
_1.1297 Swiss francs, down from 1.1300
_1.0133 Canadian dollars, up from 1.0097
The British pound was quoted at $2.0318, up from $2.0290.
See AlsoCurrency Market: U.S. DollarForex trading rates