The euro held firm on Wednesday, basking in the afterglow of a Franco-German proposal for a common fund that could move Europe closer to fiscal union.
The dollar also edged higher against the safe-haven yen to edge near a five-week high though it was capped by renewed scepticism on coronavirus vaccine developments.
The euro stood flat at $1.0924, having hit a two-week peak of $1.09755 in European trade.
The common currency also fetched 1.0615 franc, after rising almost 1.0% so far in the week against the safe haven currency while against the yen, it stood near five-week highs of 118.20 yen.
Source : Reuters