TOKYO—The euro held onto its modest gains against the dollar and the yen in Asia on Tuesday, with optimism toward the eurozone debt crisis and position-squaring giving temporary support to the single currency.
Traders are focusing on a two-day meeting of European finance ministers starting later in the day to see if they can flesh out plans to leverage the European Financial Stability Facility, the region's bailout fund.
In late October, euro-zone leaders agreed to leverage the €440-billion (US$586.1 billion) EFSF to €1 trillion as part of ...