at the close on Thursday, still reeling from an earlier selloff, with the effects most evident against the euro and Swiss franc, traders said. The euro-dollar ended the day at $0.8615, up from early New York lows near $0.8485, and dollar-Swiss closed at $1.7730, down from earlier highs around SF1.7970. Traders agreed the catalyst for the sharp decline were reported comments by the National Association of Manufacturers complaining that the U.S. dollar is overvalued. Treasury officials told Market News International that there was no change in the U.S. strong dollar policy.