Dollar mixed in European trading

LONDON (UPI): The dollar was mixed against the main European currencies yesterday after concerted central bank intervention in foreign exchange markets the previous day to stem the greenback's steep decline.

Against the German mark, the U.S. currency was quoted at 1.6605 marks, down slightly from Wednesday's London close of 1.6630. The dollar was unchanged on the day against the Japanese yen at 102.20.

Dealers said investors were anxious to see if the dollar could stay above the 1.66 mark level.

Sterling was trading at US$1.498, down a touch on Wednesday's close of $1.497, while against the mark it was quoted at 2.4885 marks, little changed from the previous close of 2.4891.

In Frankfurt, the dollar opened at 1.6600, down from 1.6613 at the previous close.

In Zurich, the dollar opened at 1.4105 Swiss francs, down from the previous close at 1.4140.

In Brussels, the dollar opened at 34.18 Belgian francs, unchanged from the previous close.

In Paris, the dollar opened at 5.6845 French francs, up from the previous close at 5.6525.

In Milan, in unofficial trading the dollar opened at 1,608.00 lira, up from 1,591.11 at the previous close.

The foreign exchange market in Tokyo was closed for a public holiday.

In Singapore, the dollar closed at S$1.556, up from S$1.553 at the previous close.

In Hong Kong, the dollar closed at HK$7.7263, down from HK$7.7265 at the previous close.

In Zurich, gold opened at $376.50, up from $375.20 at the previous close, while in London it opened at $376.25, up from the previous close at $375.25. Gold closed at $375.65 in Hong Kong, up from the previous close at $375.05.

Silver opened in Zurich at $5.15, down from the previous close at $5.18, and in London it opened at 5.18, down from the previous close at $5.21.