The euro lost ground against the dollar on Thursday, weighed down by the fall of the market economy in the eurozone also safer on the eve of the start of the G20 meeting, which will be particularly examined in the context of concerns possible "currency war" .
10:15 GMT (11:15 in Paris), the euro bought $ 1.3320, its lowest level in three weeks from 1.3452 dollars around 2200 GMT on Wednesday.
The euro fell against the Japanese currency 124,66 ¥ 125,63 ¥ late Wednesday.
The dollar gained some ground against the Japanese currency 93,53 ¥ ¥ 93,39 yesterday.
Eurozone has sunk into recession in the fourth quarter of 2012, with gross domestic product (GDP) retreats 0.6%, according to figures released Thursday worse than expected.
Even Germany, the largest economy in the eurozone, can not escape economic contraction in the fourth quarter, declining stronger than expected GDP -0.6%.
"If Germany had long managed a little escape from the eurozone debt crisis, the latest growth figures show erosion in the heart of Europe," commented Anita Paluch, analyst at Gecko markets.
In addition, "brokers prepare comments before the first G20 leaders that the issue of currency war to occupy the heart of the debate," noted Ishaq Siddiqi, an analyst at ETX Capital.
Finance ministers and central bankers of the twenty major rich and developing countries will meet for two days from Friday in Moscow.
Exchange rate and possible "currency war" continue to take care of the markets after the G7 statement Tuesday that failed to convince the monetary problems could be contained, according to analysts.
G-7 countries (Canada, USA, Germany, France, Britain, Italy and Japan) confirmed on Tuesday that left the free market to determine the exchange rate, while holding his "excessive volatility" was negative.
Japan noted in recent weeks after the rapid weakening of its currency, the monetary policy of the Bank of Japan (BOJ) has opted for the monetary status quo.
Japan's central bank decided in late January to ease monetary policy further, which had the effect of reducing its currency previously considered too high by the new government, in power since mid-December.
"The Bank of Japan's decision to refrain from new stimulus is not surprising in view of the allegations of manipulation of its currency rise in recent weeks," said Michael Hewson, analyst at CMC Markets.
10:15 GMT, the British pound rose against the euro at 85.95 pence per euro but fell against the dollar at $ 1.5506, even falling $ 1.5493 ??at 0830 GMT, its lowest lowest level since the beginning of August.
The Swiss franc rose against the euro at 1.2317 Swiss francs against the euro but fell against the dollar at 0.9240 Swiss francs to the dollar.
Ounce of gold is worth $ 1643.90 dollars against 1645 Wednesday.
