By Michael Kitchen, MarketWatch
LOS ANGELES (MarketWatch) — The euro extended its slow rebound during Asia trading hours Tuesday, but volumes were still reportedly low due to the holidays.
The euro EURUSD +0.10% edged up to $1.3075 from $1.3059 Monday in Asia, with several major European markets due to return from the holiday break later in the global day.
The dollar index DXY -0.19% , which tracks the U.S. unit against six other currencies, slipped to 79.826, down 0.2% from the previous day, according to FactSet data.
The dollar also lost ground against the Japanese yen USDJPY -0.10% , easing to ¥77.89 from ¥77.99 Monday.
The British pound GBPUSD +0.05% rose to $1.5638 from $1.5612.
The Australian dollar AUDUSD -0.11% returned to its Friday level of $1.0148, after edging up to $1.0159 Monday, with Sydney markets still on break for the Christmas and Boxing Day holidays. See report on Monday’s foreign-exchange trade.
Michael Kitchen is Asia editor for MarketWatch and is based in Los Angeles.
