TOKYO: The euro held firm against the dollar in Asia on Monday as investors opted to sit and wait for upcoming data.
The single currency, which lost ground Friday on weak European economic figures, rose marginally to $1.3207 in Tokyo morning trade from $1.3196 in New York late Friday.
Against the Japanese unit, the euro was at 107.83 compared with 107.93 in New York. The dollar slipped to 81.67 yen from 81.78 yen.
"Investors may take some time out from Europe/Greece watching this week to focus on the data," National Australia Bank said in a note.
The 10-day gathering of China's National People's Congress got under way in Beijing, with Premier Wen Jiabao setting a growth target of 7.5 percent for 2012, lower than last year.
European and US services indices are due out later Monday and China's inflation data is expected on Friday. US jobs data are also to be released on Friday. (AFP)
The single currency, which lost ground Friday on weak European economic figures, rose marginally to $1.3207 in Tokyo morning trade from $1.3196 in New York late Friday.
Against the Japanese unit, the euro was at 107.83 compared with 107.93 in New York. The dollar slipped to 81.67 yen from 81.78 yen.
"Investors may take some time out from Europe/Greece watching this week to focus on the data," National Australia Bank said in a note.
The 10-day gathering of China's National People's Congress got under way in Beijing, with Premier Wen Jiabao setting a growth target of 7.5 percent for 2012, lower than last year.
European and US services indices are due out later Monday and China's inflation data is expected on Friday. US jobs data are also to be released on Friday. (AFP)