Dollar Falls Ahead Of Jobless Report

The dollar edged lower against the German mark and other European currencies Thursday as traders backed away from the greenback ahead of uncertainty about upcoming U.S. employment data.

The dollar found some strength against the yen after Japan’s central banker clarified remarks he made Wednesday that caused the dollar to drop sharply.

In late New York trading, the dollar was worth 107.01 yen, up from 106.91 yen at the same time Wednesday. The dollar also traded at 1.4800 German marks, down from 1.4824 marks.

Currency in Dollar in Exchange Dollars foreign currency

Canada .7366 1.3576 France .1985 5.0375 Germany .6757 1.4800 Great Britain 1.5313 .6530 Italy .000642 1558.30 Japan .009345 107.01 Mexico .133156 7.5100