Dollar Hits Record High Vs. Peso
The dollar briefly touched a new three-year high against the mark Wednesday and reached an all-time high against the Mexican peso but ended slightly lower in most foreign-exchange dealings.
Traders attributed the retreat to increased U.S.-Japan trade tension and the renewed prospect of rising Japanese interest rates.
Another factor cited was profit-taking in advance of the German unemployment data for February to be released today and U.S. unemployment data to be released Friday.
Exchange Currency in Dollars Dollar in foreign currency
Canada .7307 1.3685
France .1732 5.7750
Germany .5841 1.7121
Great Britain 1.6137 .6197
Italy .000587 1704.75
Japan .008250 121.21
Mexico .124922 8.0050