Dollar Dips Against Mark

The dollar rose against the Japanese yen and nearly recovered its losses against the German mark on Tuesday amid relief that investors absorbed the first leg of a record three-day sale of U.S. government securities.

“It wasn’t a day where the market committed itself to any particular direction,” said Dan Ascani, president and director of research of Global Market Strategists Inc.

As of 4 p.m. in New York, the dollar stood at 105.13 yen, up from 104.88 yen Monday, and 1.5253 marks, just down from 1.5254.

Exchange Currency in Dollars Dollar in foreign currency

Canada .7324 1.3653

France .1940 5.1545

Germany .6556 1.5253

Great Britain 1.5100 .6623

Italy .000638 1567.00

Japan .009512 105.13

Mexico .133422 7.4950