Dollar sticks in tight trading ranges

LONDON (UPI): As European currency markets awaited yesterday afternoon's publication of U.S. unemployment figures, the dollar was stuck in tight trading ranges in the morning.

In London, the U.S. currency was quoted at 1.4841 German marks, little changed from the previous finish of 1.4845. Against the Japanese yen, it changed hands at 109.19 yen from the previous finish of 109.10.

Sterling was quoted in London at 2.3262 German marks from its previous finish of 2.3267 marks, and against the dollar unchanged at $1.5673.

In Frankfurt, the dollar opened at 1.4857 German marks, barely rising from the previous close of 1.4856.

In Zurich, the dollar opened at 1.2070 Swiss francs, again little changed from the previous close of 1.2075.

In Paris, the dollar opened a shade lower at 5.0790 French francs from the previous close of 5.0800.

In Brussels, the dollar opened at 30.58 Belgian francs from 30.56.

In Tokyo, the dollar closed at 109.13 Japanese yen, up a touch from the previous close of 109.03.

In Singapore, the dollar closed at S$1.4061, down from the previous close at S$1.4070.

In Hong Kong, the dollar closed at HK$7.7325, a little down from the previous 7.7335.

Gold opened at US$386.25 an ounce in Zurich, up from the previous close at $386.15, while in London it started at $385.75, down from $386.00. In Hong Kong gold closed at US$384.65, down from the previous close at $386.15.

Silver opened at US$5.18 in Zurich, down from $5.20, while in London it opened unchanged at $5.19.