The euro lost some ground against the dollar on Monday, after his breathing to increase in the previous week, but the decline was limited by the renewed optimism of traders continued economic outlook in the euro zone.
At 10:00 GMT (11:00 in Paris), the euro bought $ 1.3582 from $ 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 stabilized against the Japanese currency to 126.55 yen against 126.60 yen Friday. The euro had risen 126.97 yen Friday. The highest level since April 2012
The dollar rose against the Japanese currency to 93.15 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 an election), the appreciation of the euro has intensively," observed Michael Hewson, CMC Markets analyst.
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 at the same time, the U.S. Federal Reserve (Fed) in order to pump money into the financial system in the United States and thus dilute greenback, said Commerzbank analysts and expect the euro 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 developed during the single currency over $ 1.36, a level that can Exporters and weaker economies of the euro zone to punish.
In January, before leaving the chairman of the Euro Group, Jean-Claude Juncker, had also warned that the value of the European currency "highly dangerous" and threatened. Competitiveness of European exports
"But the market should respond to some comments from many finance ministers (the euro area), the ECB is concerned about the strength of the euro (see a price reaction), which is unlikely," 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.
At 10:00 GMT, the British Pound was up against the euro at 86.38 pence per euro, against the greenback at $ 1.5725.
The Swiss franc rose against the euro, 1.2371 Swiss franc against the euro but fell against the greenback at 0.9104 Swiss francs to the dollar.
The ounce of gold worth $ 1,664.42 to $ 1,669 was on Friday night.
