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Dollar Gives Back Some Early Gains Vs Euro, Yen

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In New York earlier Monday the dollar gave up some of its gains, it has dropped back to day-earlier levels against the euro, but as investors continue to adjust positions it remained slightly stronger against the yen.

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Euro had been as low as $1.4611

In early morning trading, the euro had been as low as $1.4611, but it had recovered most of those losses to trade toward the top of the day’s range.

According to EBS via CQG, late morning in New York, it has been noted that the euro was at $1.4694 from $1.4699 late Friday. Whereas the dollar was at Y91.90 from Y91.44. The euro was at Y135.06 from Y134.41. The U.K. pound was at $1.6228 from $1.6232, while the dollar was at CHF1.0313 from CHF1.0297.

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