Dollar flat versus euro as US stock market reopens

The streets surrounding the New York Stock Exchange are deserted as financial markets remain closed for the second day due to superstorm Sandy, Tuesday. AP PHOTO

NEW YORK — The dollar was unchanged against the euro Wednesday as US stock markets reopen after being closed for two days because of superstorm Sandy.

The euro was unchanged at $1.2962 Wednesday.

No US economic data was released Wednesday. On Thursday the government will release figures on how many Americans applied for unemployment benefits and also on consumer’s confidence.

The dollar rose to 79.76 Japanese yen from 79.60 Japanese yen and to 1.0002 Canadian dollar from 99.96 Canadian cents.

The British pound rose to $1.6130 from $1.6077. The dollar fell to 0.9313 Swiss franc from 0.9323 Swiss franc.

Read more...