The pair closed in New York around $1.3009, after rate had recovered off a $1.2923 session low to $1.3032 before drifting off into the close. In Asia, euro-dollar inched up to $1.3023 just before Japanese stocks opened but a lack of follow-through sparked some sell interest, notably from European names, initially seen at $1.3010. Euro-dollar then continued with a heavy tone through the morning as traders looked ahead to the ECB meeting later today and what ECB President Mario Draghi might say in light of what appears to be renewed concerns about Eurozone debt, and tensions in Mideast/Nth Africa. Euro-dollar briefly saw a mild lift to $1.3006 as Aussie-dollar rebounded but eventually eased again to trade a low of $1.2988, settling around $1.2990 as European markets gear up for their start, but faces strong sell interest from $1.3080 to $1.3100, according to dealers.
