Dollar Eases Vs. Yen

The dollar fell against the Japanese yen Monday and rose against the German mark in thin trading as the market anticipated the possible moves of the U.S. and German central banks this week.

Last week, the dollar reached its highest level since February, partly on central bank intervention last Tuesday.

“The market gained a lot of ground in a relatively short period of time. A consolidation period is healthy and to be expected,” said Stephanie Davis, a foreign exchange analyst in the Boston office of Technical Data.

Exchange Currency in Dollars Dollar in foreign currency

Canada .7359 1.3588

France .1978 5.0560

Germany .6789 1.4730

Great Britain 1.5405 .6491

Italy .000619 1615.00

Japan .010384 96.30

Mexico .160746 6.2210