US dollar, lagapak sa pagtatapos ng 2010 trading

The U.S. dollar fell against major currencies in late New York trading on Friday as investors ended their trading on the last trading day of 2010.

The euro rose 1 percent to 1.3394 against the dollar, extending its recovery from a 2010 low beneath 1.19, the lowest since early 2006.

Traders took profit on previous betting on the weak euro by closing their short positions which partly pushed up the euro.

The dollar fell to 81.16 Japanese yen in late trading session, its lowest level since early November.

For the year, the dollar was up about 1.4 percent against a basket of currencies, though it was lower Friday after hitting a seven-week low against the yen and a record low against the Swiss franc.

In late Friday trading, the dollar bought 81.19 Japanese yen, comparing with 81.52 late Thursday, and the euro rose to 1.3368 dollars from 1.3286.

The British pound rose to 1.5599 dollars from 1.5415. The dollar fell from 0.9355 to 0.9338 against Swiss francs, and also fell to 0.997 Canadian dollars from 0.9998. PNA/Xinhua


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