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The euro put stop to its losses against the dollar on Monday, holding its ground after plunging to its lowest level since last May.
A brutal start to 2010 has seen the euro fall sharply against its US counterpart, crippled by Greek debt problems and lingering economic weakness across the EU.
With little first-tier economic data on the calendar to snap the euro out of its doldrums, the single currency floated in a narrow range for most of the day.
The euro enjoyed a bit of support from hopes that Greece is on the verge of getting its fiscal house in order.
Greece will meet its very ambitious deficit-reduction goals and the country's government is prepared to take additional measures, Greek central bank governor George Provopoulos said in an interview with Bloomberg.
The euro was stuck around 1.3590 versus the dollar, not far from Friday's 9-month low near 1.3444. Including last week's losses, the euro has slid 17 cents from November's highs above 1.5100.
The euro eased slightly versus the yen on Monday, slipping to 1.2380 from a 2-week high near 125. The loss took the dollar toward a yearly low of 121.20 set earlier this month.
Looking ahead, the currency markets could be quiet until Fed Chairman Ben Bernanke's appearance before the House Financial Services Committee on Wednesday. He is expected to testify on the Fed's exit strategy from programs designed to prop up the economy during the worst of the economic meltdown.
US home price numbers are due Tuesday.
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