Currencies

Dollar Gains on Euro

 

The dollar was strengthening against the euro and the British pound Monday, but losing against the yen.

One euro would buy $1.4551, down from $1.467 late Friday. The pound was selling for $2.0646, down from $2.091 previously. The yen, meanwhile, rose to 109.46 from 110.67 in the last session.

The iPath GBP/USD Exchange Rate(GBB) exchange-traded note, which tracks the value of the British pound, was lower by 0.9%, while the iPath JPY/USD Exchange Rate(JYN) was up 1.6% in recent action.

The PowerShares DB G10 Currency Harvest(DBV) was slipping more than 2%.

The CurrencyShares Euro Trust(FXE) was barely changed.

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