and as ranochigo has noted, the simple fix is to simply shutdown Electrum, and then run the 4.0.5 installer again.
That hopefully will solve OP's problem, because I know the new version is quite capable to displaying exchange rates. This wasn't an issue for me on the last update install, but thanks for the explanation--I'd probably run into an issue like this in the future and be totally baffled.
So many updates....Electrum is starting to look different in small increments as time goes on (but it's still my favorite software wallet by far).