US dollar mostly lower in Europe trading

Updated 54 days, 18 hours 7 minutes ago

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(AP)  -  The U.S. dollar sank to a new low against the euro Tuesday and was lower against most other major currencies in European trading. Gold prices rose.

The 15-nation euro rose to an all-time high of $1.6038 in European trading, surpassing its previous record of $1.6018 set on April 22. It later fell to $1.5983 _ still above the $1.5916 it bought in late New York trading Monday.

Other dollar rates compared with late rates Monday included: 106.23 Japanese yen, up from 106.09; 1.0168 Swiss francs, down from 1.0178, and 1.0052 Canadian dollars, down from 1.0096.

The British pound was quoted at $1.9939, up from $1.9896.

Gold traded in London at $968.00 per troy ounce, up from $949 late Friday.