Euro offset part of its losses against the dollar and Japanese yen

Euro offset part of its losses against the dollar and Japanese yen

Instead of the euro part of its losses after hitting its lowest level in eight months against the dollar and the lowest level during the decade against the yen, but is unlikely tocontinue the recovery.

In the absence of clarity of the rescue plan for the euro zone continued investor pessimism about the outlook for the euro with the growing concern in the markets about the ability of officials to implement measures to solve the debt crisis in the euro area.

The euro fell 0.2% during the day, recording 1.3360 against the dollar in trading on anynetwork. Me. S. Against the yen and the euro dropped 0.4%, recording 102.88 yen

The dollar index fell 0.2% to 78.34, not far from the highest level in seven months at the78.863 scored earlier in the day

The dollar fell 0.3 percent against the yen as a result of sales of Japanese exporters.