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2/4/08

Houston Chronicle: Dollar Slips in Europe

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Dollar Slips in Europe

The dollar slipped in Europe Monday as new U.S. data showed the most meager level of orders placed with American factories since 2002. The euro bought $1.4818 in afternoon European trading, up from $1.4803 in New York late Friday but well off a peak for the day of $1.4849.The British pound climbed to $1.9741 from $1.9677, while the dollar was up to 106.63 Japanese yen from 106.47 yen.

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