Dollar steady

Published June 9, 2005

LONDON, June 8: The dollar held steady at lower levels against the euro on Wednesday as players treaded water on the eve of US Federal Reserve Chairman Alan Greenspan’s testimony on the US economy. The euro rose to $1.2315 in late European trading, from $1.2286 late on Tuesday in New York.

The dollar rose to 106.90 yen, from 106.58 on Tuesday.

On the London Bullion Market, the price of an ounce of gold stood at $424.55 against $424.10 late on Tuesday.—AFP