Dollar mostly lower, gold rises in Europe

Updated 48 days, 12 hours 58 minutes ago

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(AP)  -  The U.S. dollar was mostly lower against other major currencies in European trading Monday. Gold rose.

The euro traded at $1.5870, up from $1.5869 late Friday in New York. Later, in midday trading in New York on Monday, the euro fetched $1.5868.

Other dollar rates in Europe, compared with late Friday, included 106.81 Japanese yen, down from 106.89; 1.0210 Swiss francs, down from 1.0223; and 1.0017 Canadian dollars, down from 1.0064.

The British pound was quoted at $1.9969, down from $1.9980.

In midday New York trading, the dollar bought 106.81 yen and 1.0213 francs, while the pound was worth $1.9974.

Gold traded in London at $960.50 per troy ounce, up from $959.75 Friday.