Dollar Tugged By Mark And Yen
The dollar rose against the German mark and fell against the Japanese yen Monday, caught in the middle as traders moved out of marks and into yen.
Low-volume trading exaggerated price moves in a day devoid of economic and political news to shape the market. That left traders to give more weight to sentiments expressed by German central bankers that the mark was overvalued and making German exports expensive.
Exchange Currency in Dollars Dollar in foreign currency Canada .7279 1.3738 France .1986 5.0360 Germany .6745 1.4826 Great Britain 1.5440 .6477 Italy .000660 1513.30 Japan .009381 106.60 Mexico .132943 7.5220