Dollar Gains On Most Currencies

The dollar gained against most major currencies Wednesday, while speculation about rising British interest rates strengthened the pound against other European currencies.

But with little real news Wednesday, trading was thin as investors kept an eye on upcoming events such as the Group of Seven meeting next week that follows the unveiling of a Japanese economic stimulus program.

“People really don’t know quite what to do,” said John McCarthy, senior vice president for foreign exchange at ING Capital Markets.

Exchange Currency in Dollars Dollar in foreign currency

Canada .6978 1.4330

France .1641 6.0935

Germany .5498 1.8187

Great Britain 1.6327 .6125

Italy .000557 1794.25

Japan .008098 123.48

Mexico .118723 8.4230