LONDON, 14 September 2005 — The dollar was slightly firmer yesterday on better-than-expected US trade data for July, though upward revisions to previous figures and concerns over the impact of high oil prices pulled it off intra-day highs.
The euro stood at 1.2263 dollars in European trading from 1.2281 late on Monday in New York. The dollar rose to 110.83 yen from 110.35 on Monday.
The euro was changing hands at 1.2263 dollars against 1.2281 late on Monday in New York, 135.91 yen (135.55), 0.6734 pounds (0.6747) and 1.5482 Swiss francs (1.5451). The dollar stood at 110.83 yen (110.35) and 1.2625 Swiss francs (1.2579).
Meanwhile, European stock markets fell yesterday. The London FTSE 100 index lost 0.70 percent to 5,338 points, the Frankfurt DAX 30 slid 1.77 percent to 4,901.88 and in Paris the CAC 40 dropped 0.86 percent to 4,453.41. The DJ Euro Stoxx 50 index of leading euro zone shares declined 0.87 percent to 3,3325.60 points.
In New York, US stocks swung lower yesterday. The Dow Jones Industrial Average slipped 61.62 points (0.58 percent) to 10,621.32 and the tech-heavy Nasdaq composite retreated 6.58 points (0.30 percent) to 2,176.25 at 1800 GMT. The Standard and Poor’s 500 index shed 7.08 points (0.57 percent) to 1,233.48.
Asian stocks closed mixed yesterday. The Tokyo Stock Exchange’s benchmark Nikkei-225 index gained 5.52 points to 12,901.95. In Hong Kong, the Hang Seng index closed down 129.23 points at 15,070.56.
