Dollar mixed against other majors
The dollar was mixed against other major currencies with news of the plane crash in New York and subsequent developments driving trading activity.
The foreign exchange market responded to the crash with dollar selling, said Andrew Delano, foreign exchange analyst at IDEAglobal.
"The market did so very aggressively, but also very briefly," he said.
After the accident, the euro hit a high of 90.16 cents, and the dollar's low against the Swiss franc, usually a safe-haven beneficiary, was 1.6214.
The dollar regained much of its initial loss on reports that authorities had discovered nothing to link terrorists to the crash of the American Airlines jetliner in Queens.
In late New York trading, the euro was quoted at 89.50 cents, up from 89.40 cents late on Friday. Meanwhile, the dollar was quoted at 120.43 Japanese yen, up from 120.20 yen.
Threats of official yen-selling from Japan's Ministry of Finance helped boost the dollar against the Japanese currency, analysts said.
The dollar also was quoted at 1.6357 Swiss francs, down from 1.6388, and 1.6028 Canadian dollars, down from 1.6035. The British pound fell to dlrs 1.4541 from dlrs 1.4562.
Currencies of the 12 countries participating in the euro are no longer traded separately and are tied to the euro by a fixed rate. Based on Monday's euro rate, the dollar was worth 2.1855 German marks, down from 2.1877; 7.3299 French francs, down from 7.3373; and 2,163.67 Italian lire, down from 2,165.85.
