LONDON, 11 October 2003 — The dollar remained on the back foot against the euro in late trade yesterday as investors closed out positions following slightly better than expected US trade data, analysts said.
The single European currency stood at 1.1812 dollars against 1.1739 late on Thursday in New York. The dollar traded at 108.52 yen compared with 109.06 on Thursday.
The euro was changing hands at 1.1812 dollars from 1.1739 late on Thursday in New York, 128.17 yen (128.02), 0.7090 pounds (0.7043) and 1.5485 Swiss francs (1.5466).
Meanwhile, in New York, with the indexes drifting along the flat line, the Dow Jones industrials held a gain of 6.52 points (0.07 percent) at 9,686.53 while the NASDAQ was down 2.09 points (0.11 percent) at 1,909.81 at 1520 GMT. The Standard and Poor’s 500 dipped 1.12 points (0.11 percent) to 1,037.62.
