Euro holds steady after Australian trade data

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TOKYO: The money held steady against the money and yen in Asia on Friday after risk feeling a little bit enhanced on better than expected deal information from Sydney.


The money bought $1.3183 and 100.38 yen in Seattle day deal, compared with $1.3161 and 100.31 yen in New York late Friday. 


The money rose a little bit on enhanced Sydney deal information, a senior dealer at a major bank in Seattle told Dow Jackson Newswires, but added: "The rise may be short-term."


Australia published a deal surplus of Aus$1.71 billion dollars (US$1.84 billion) in January, up from Aus$1.34 billion dollars in Nov and larger than analysts' objectives of Aus$1.2 billion dollars.


The Sydney money fetched US$1.0732 in day deal after temporarily rising above US$1.0750, its highest level since Sept 2011.

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