The U.S. dollar fell against other major currencies in late European trading Thursday, dropping to a fresh 14-year low against the British pound. Gold rose, AP reported. The euro was quoted at US$1.3253, up from US$1.3156 late Wednesday. The British pound was quoted at US$1.9635. Earlier, it traded at US$1.9580, its strongest showing against the dollar since the so-called «Black Wednesday» in September 1992, when Britain crashed out of the European Exchange Rate Mechanism. Other dollar rates: _115.69 Japanese yen, down from 116.31 _1.1983 Swiss francs, down from 1.2090 _1.1427 Canadian dollars, up from 1.1380 London dealers said the dollar was weakened by mixed economic data coming out of the United States and positive developments in Germany, Europe's largest economy . The pound has risen 13.5 percent against the dollar this year, outpacing the euro's 11.4 percent gain. Gold traded in London at US$647.10 per troy ounce, up from US$635.50 late Wednesday. In Zurich gold traded at US$647.05, up from US$637.08. Gold fell 20 cents in Hong Kong to close at US$638.00. Silver traded in London at US$13.91 per troy ounce, up from US$13.64.
