By Laura Mandaro
SAN FRANCISCO (MarketWatch) -- The euro moderated its gains, edging further off its intraday highs reached in European trading hours, as investors Monday reviewed the ramifications of the European Union's nearly $1 trillion financial bailout package. The euro bought $1.2839, still up about 1% from late North American trading Friday, but off its intraday highs of $1.3094. The euro has been paring gains since about 4 a.m. ET but came off further as U.S. stocks markets opened with a surge. The Dow Jones Industrial Average (INDU 10,783, +402.59, +3.88%) was recently up 365 points at 10,746. The U.S. dollar index (DXY 84.01, +0.20, +0.24%) was at 83.92, down 0.8% for the day but off a low of 82.91.
