Dollar Traders Indecisive

The dollar rose against the German mark but fell against the Japanese yen Monday in a listless session as traders in London and Tokyo stayed home for national holidays.

The only news to affect trading was a report that Germany’s unemployment rate fell to 10.4 percent last month. But the government said the improvement was disappointing and that helped the dollar against the mark.

Its strength, however, came more from trades between the mark and yen than from transactions directly involving the dollar.

Currency in Dollar in Exchange Dollars foreign currency

Canada .7326 1.3650 France .1940 5.1545 Germany .6556 1.5254 Great Britain 1.5087 .6628 Italy .000642 1558.25 Japan .009535 104.88 Mexico .133244 7.5050