Daily Investment Market News from London
Saturday 06th of September 2008
April 28, 2008

USD holds steady versus euro, yen


by Elaine Frei

USD holds steady versus euro, yen

The US dollar was about the same in relation to the euro Monday, trading at $1.5650 in late morning trade in New York while it also held about steady versus the yen at ¥104.4900.

Meanwhile the euro, which was helped by a new survey of consumer confidence out of Germany, traded slightly higher versus the yen at ¥163.5319.

The pound gained slightly versus the US dollar, to $1.9957, while it traded at 78.45p to the euro.

The Australian and New Zealand dollars gained on the US dollar and the yen on higher commodities prices, with the Aussie at 93.88 cents US and ¥98.1004, while the kiwi was worth 78.68 cents US and ¥82.201 at around 11 a.m. in New York.

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