The euro was low against the dollar

[gnutrade.satya]

The euro was low against the dollar when weak Greek data highlighted the problems facing some euro zone economies, while the yen pared losses on easing fears of immediate action to stem the yen's rise. On the other hand, the dollar was seen higher against the Japanese yen in a move driven largely by a narrowing spread between US and Japanese government bond yields.
Lee Hardman, currency analyst at BTM-UFJ said: "The Greek data reinforces concerns that the Greek authorities may back away from austerity measures and move toward haircuts or even sovereign default."
The euro traded slightly lower on the day at $1.2821. The dollar was higher versus the yen at 85.35 yen.