Dollar Falls Vs. Yen
The dollar fell to a nearly four-week low against the yen Monday after Japan reported a surge in its June trade surplus, resurrecting concern that the U.S. currency’s strength is hurting American exporters.
But the dollar recovered from an early selloff vs. the mark and ended higher vs. the pound, helped by British economic data that showed unexpected manufacturing weakness.
The British data at least temporarily dampened market expectations that the Bank of England will raise interest rates at its policymaking meeting this Thursday.
Exchange Currency in Dollars Dollar in foreign currency
Canada .7264 1.3767
France .1693 5.9056
Germany .5707 1.7521
Great Britain 1.6886 .5922
Italy .000586 1706.00
Japan .008868 112.77
Mexico .126247 7.9210