Dollar Loses Some Ground
The dollar ended lower against key currencies Thursday, after an early rally incited by news that a Russian deputy justice minister had been killed.
A key German central bank official’s remarks suggesting that German interest rates might not come down as quickly as the market had hoped also may have contributed to the dollar’s weakness, traders said.
The broadest measure of Germany’s money supply slowed to an 11.2 percent annual rate last month, vs. a 12.3 percent rate in March.
Exchange Currency in Dollars Dollar in foreign currency Canada .7276 1.3430 France .1914 5.2235 Germany .6483 1.5425 Great Britain 1.5120 .6614 Italy .000641 1560.00 Japan .009352 106.93 Mexico .135455 7.3825