The euro fell against the dollar on Monday in a market to breath after his rise in the previous week, but the decline was limited by renewed optimism persistent dealers on the economic outlook for the euro zone.
By 1400 GMT (1500 Paris), the euro bought $ 1.3574 against $ 1.3637 around 2200 GMT on Friday. The single European currency rising dollar 1.3711 Friday, its highest level since mid-November 2011.
The euro fell against the Japanese currency to 125.84 yen against 126.60 yen Friday. The euro had risen 126.97 yen Friday. The highest level since April 2012
The dollar fell slightly against the Japanese currency to 92.71 yen - a few minutes after reaching $ 93.18, the highest level since May 2010 - from 92.80 yen on Friday.
"Despite a renewed political uncertainty in Spain (hit by a corruption scandal, ed) and Italy (a few weeks of elections in the country), the appreciation of the single currency was intense" in recent weeks, watched Michael Hewson, analyst at CMC Markets.
This rebound was particular by announcing Friday new loan advances outstanding fueled by the European Central Bank (ECB), seen as an encouraging sign for the health of the banking sector in the euro area issued.
These refunds, a decrease of liquidity by the ECB, while provided at the same time, the U.S. Federal Reserve (Fed) to pump money into the financial system in the United States and thus dilute further greenback explained Commerzbank analysts and expected that the euro continues to rise.
In Europe, more and more voices are showing increasing concern of the leaders of the Monetary Union vis-à-vis the euro's appreciation.
The French Minister of Economy, Pierre Moscovici, said on Sunday that the euro is "strong, perhaps too strong addition" was, while the single currency has evolved over $ 1.36, a level that can Exporters and weaker economies of the euro- punish zone.
"But should the market react to some comments from many finance ministers (the euro area), the ECB worried about the strength of the euro, which is unlikely." That this has an impact course, thought Jane Foley, analyst at Rabobank
In fact, "the ECB should be more glad to see the debt crisis, decline," said Foley.
The European Central Bank is expected to announce Thursday its monetary policy decision at the end of the February meeting will be a decision, as usual, followed by a highly anticipated press conference, the president of the institution, Mario Draghi.
Analysts expect the European Central Bank (ECB), the Bank of England (BoE) earlier announce its decision Thursday to keep the interest rates unchanged because of the recent calm in the financial markets.
By 1400 GMT, the British Pound was up against the euro at 86.22 pence per euro, against the greenback at $ 1.5743.
The Swiss franc rose against the euro, 1.2350 Swiss franc against the euro but fell against the greenback at 0.9098 Swiss francs to the dollar.
The ounce of gold finished at $ 1,664.25 at auction morning at $ 1,669 on Friday night.
The Chinese currency finished at 6.2327 yuan against one U.S. dollar for 6.2273 yuan on Friday.
