NEW YORK — The dollar turned mixed Friday in U.S. trading that was subdued by a snowstorm on the East Coast.
Earlier in the day, the dollar was boosted by news that the nation's unemployment rate fell in January. It rose further, but briefly, after a judicial panel rejected the core of a new law designed to reduce the federal budget deficit.
Gold prices also were mixed. Bullion was quoted at $339.50 an ounce at Republic National Bank at 4 p.m. EST, up $2.25 from Thursday's late bid.
The dollar advanced early in the morning, when the Labor Department announced that unemployment fell from 6.9% to 6.7% in January.