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Dollar Mixed After Fed Minutes

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NEW YORK (AP) -- The dollar is trading mixed against other currencies after minutes from the Federal Reserve's latest meeting signaled that it will likely launch a new bond-buying program in December to boost the economy.

The purchases would lower long-term borrowing rates to encourage spending and strengthen the economy and the job market. Those purchases can also weaken the dollar.

The euro rose to $1.2752 in afternoon trading from $1.2705 late Tuesday.

The dollar fell to 0.9438 Swiss franc from 0.9474 Swiss franc.

The British pound fell to $1.5857 from $1.5874.

The dollar rose to 80.17 Japanese yen from 79.41 Japanese yen.


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