Defensive Posture Helps Dollar

The dollar rose Monday on signs of moderate U.S. economic growth, but gains were restrained ahead of more significant figures due at week’s end from Washington and Tokyo.

The dollar’s rise against the German mark and the Japanese yen was partly aided by the British pound’s continued strength against the mark, yen and Swiss franc.

U.S. employment figures and a Japanese report on economic strength are due Friday, turning many traders defensive in Monday’s thin market.

Currency in Dollar in Exchange Dollars foreign currency

Canada .7309 1.3681 France .1933 5.1720 Germany .6545 1.5279 Great Britain 1.5505 .6450 Italy .000648 1542.25 Japan .009228 108.37 Mexico .134590 7.4300