Dollar Mixed In Quiet Trading

The dollar was mixed against major foreign currencies Thursday as traders refrained from large moves ahead of the Labor Department’s release today of important employment data.

The currency lull followed a busy week, including the Federal Reserve’s decision Wednesday to raise interest rates and President Clinton’s new Mexico rescue plan.

“People are waiting for fresh new reasons to trade, especially with all of the events of this week,” said Hubert Pedroli, manager of foreign exchange at Credit Suisse in New York.

In late New York trading, the dollar was quoted at 99.43 Japanese yen, up from 99.25 yen late Wednesday. The dollar also was changing hands in New York at 1.5180 German marks, down from 1.5194 marks late Wednesday.

Exchange Currency in Dollars Dollar in foreign currency Canada .7120 1.4045 France .1902 5.2590 Germany .6581 1.5195 Great Britain 1.5820 .6321 Japan .010052 99.48