Dollar Keeps Rising Against Mark

The dollar hit a three-year high against the mark for the third straight day Thursday after Germany reported record unemployment, but the U.S. currency later retreated to end mostly lower.

Profit-taking on the dollar’s gains, new evidence of U.S. concern over Japan’s growing trade surplus and uncertainty about the impact of U.S. employment data due today all weighed on the dollar as the day progressed.

“The dollar may just have run out of steam for the time being,” said John McCarthy, foreign-exchange manager at ING Capital Markets Inc.

Exchange Currency in Dollars Dollar in foreign currency

Canada .7329 1.3644

France .1729 5.7825

Germany .5829 1.7155

Great Britain 1.6155 .6190

Italy .000588 1699.50

Japan .008256 121.13

Mexico .124611 8.0250