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AP: Dollar lower, gold up in morning trading
 
LONDON (AP) -- The U.S. dollar was lower against other major currencies in European trading Friday morning. Gold rose.

The euro traded at $1.2703, up from $1.2387 late Thursday in New York.

Other dollar rates:

-96.96 Japanese yen, down from 97.09 yen

-1.1891 Swiss francs, down from 1.1912

-1.2172 Canadian dollars, down from 1.2264

The British pound was quoted at $1.4835, up from $1.4671.

Gold traded in London at $729.50 per troy ounce, up from $713.50 late Thursday.

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