The euro saw an unexciting day against the US dollar

[gnutrade.satya]

The euro saw an unexciting day against the US dollar as renewed concerns about the financial viability of euro zone banks made investors cut overly bullish bets on the single currency. Bad news from the euro zone including those from Ireland and Greece also pressured the euro. Against the yen, the dollar soared low, fueling speculation that Japan might re-enter the market to weaken its currency.The euro was down 0.8 percent at $1.3686. Against the Japenese yen, the dollar traded at 83.38 yen.