Dollar In Holding Pattern

The dollar was mixed against key currencies Monday as investors awaited economic reports that could yield clues about whether inflation is on the rise.

The dollar has been moving in tandem with bond prices in recent days, strengthening when inflationfriendly data boosts the bond market and weakening when news of economic growth and pricing pressures trouble bond investors, who worry that higher inflation will erode the value of their holdings.

“The market is laying very low,” said Curtis Perkins, a currency trader at Chemical Bank. “We’re waiting to see what effect economic data will have.”

Exchange Currency in Dollars Dollar in foreign currency Canada .7135 1.4015 France .1900 5.2645 Germany .6581 1.5195 Great Britain 1.5657 .6387 Japan .010147 98.55