Euro fell and Dollar was seen unchanged

[gnutrade.satya]

Last day of the week and the euro was seen falling as there were European debt worries and adding to that weak US consumer data enhanced the dollar's safe-haven appeal, while fear of Japanese intervention kept the yen near a one-month low against the US currency.
The euro fell when a newspaper said Irish banks might need a bailout and remained weaker on the day when the Ireland's finance ministry said there was no truth to the report.
Matthew Strauss, senior currency strategist at RBC Capital Markets in Toronto said: "I'd expect increased volatility in euro/dollar. We'll probably see more of this where there are rumors in the market about specific countries, but even if they're denied, in the bigger picture, the market is going to remain concerned about peripheral European debt."
Brian Dolan, chief strategist at Forex.com said: "We haven't seen anything on Japan since they came in Wednesday, but we may see action again on any dip below 85 yen."
The dollar was seen unchanged at 85.78 yen, while the euro was down 0.2 percent at $1.3041. The euro also fell 0.2 percent to 111.89 yen and 0.9 percent to 1.3169 Swiss francs.