Dollar mixed against major currencies

NEW YORK, Sept. 25 (Xinhua) -- The dollar was mixed against major currencies on Thursday after U.S. lawmakers reported an agreement in principle on a bailout of the financial industry.

Christopher Dodd, chairman of the U.S. Senate Banking Committee, said House of Representatives and Senate negotiators had reached "fundamental agreement" on a set of principles guiding a bailout bill.

Lawmakers declined to provide details of the plan, but it is expected to include limits on executive pay and strong oversight provisions.

The breakthrough lifted stock markets and sent dollar up against the euro and the pound. But the greenback was still under some pressure, as investors worried about the effectiveness of the bailout plan.

The euro bought 1.4622 dollars in late New York trading compared with 1.4658 dollars it bought late Wednesday. The British pound fell to 1.8382 dollars from 1.8519 dollars.

The dollar fell slightly to 1.0893 Swiss francs from 1.0894 Swiss francs, and rose to 106.48 Japanese yen from 105.93 Japanese yen. It fell to 1.0338 Canadian dollars from 1.0355 Canadian dollars.