French No fears boost dollar

FEARS that French voters will vote No to the EU Constitution has kept the dollar strong for the fifth week in a row against the euro.

However, the greenback eased from its seven-month high against the euro, which rose marginally at to $1.2542, compared with Thursday’s seven-month low of $1.2492 by mid-afternoon.

Later in the day, the euro was up at €1.2562 in late trading.