By Michael Kitchen and Kim Hjelmgaard, MarketWatch
LONDON (MarketWatch) — The euro ticked higher Thursday, catching its breath after losses the previous day.
The euro EURUSD +0.09% bought $1.3064, edging back up from $1.3049 in late North American trade Wednesday.
The European currency had lost ground Wednesday, dropping from as high as $1.3198 down to $1.3023 later in the day after more European banks than expected asked to borrow from a three-year European Central Bank lending program, raising concerns about the region’s finances. Forex moves
The dollar index DXY -0.18% , a measure of the greenback’s performance against six other major currencies, slipped to 79.944 from 79.999 late Wednesday.
The British pound GBPUSD +0.07% changed hands at $1.5681, little changed from $1.5679, while the Australian dollar AUDUSD +0.32% appreciated to $1.0106 from $1.0086 Wednesday.
The Japanese yen rose slightly, with the dollar USDJPY +0.05% slipping to ¥78.06 from ¥78.10.
Michael Kitchen is Asia editor for MarketWatch and is based in Los Angeles.
Kim Hjelmgaard is a MarketWatch editor based in London.
