The U.S. dollar rose Thursday morning against other major currencies in European trading. Gold prices fell.
The U.S. currency continued to benefit from the Federal Reserve's announcement Tuesday that it has raised its key interest rate by a quarter-point to 2.75 percent. Higher interest rates usually boost a currency by making assets denominated in that currency more attractive to investors.
The euro was quoted at $1.2975, down from $1.3019 Wednesday.
Other dollar rates compared with late Wednesday included:
106.55 Japanese yen, up from 105.63;
1.1964 Swiss francs, up from 1.1939,
and 1.2176 Canadian dollars, up from 1.2141.
The British pound was quoted at $1.8681, down from $1.8753.
Gold traded in London at $424.90 bid per troy ounce, down from $426.10 on Wednesday.
In Zurich, the bid was $425.00, down from $425.70.
Gold fell $1.00 in Hong Kong to close at $426.25.
Silver traded in London at $6.96 bid per troy ounce, down from $6.98.