(RTTNews) - The euro firmed slightly against the dollar, yen and pound ahead of the London session on Monday following Greek Parliament's approval of austerity measures for releasing EUR 130 billion bailout package by international creditors.
Last week, the troika --European Union, the European Central Bank and the International Monetary Fund --demanded more measures from Greece to receive the bailout money.
The new bailout money would leave Athens with sufficient funds to repay a EUR14.5 billion bond due on March 20.
The euro that fell to a 3-day low of 1.3160 against the greenback in early New York session on Friday remained steady through the rest of the day, but gained in early Asian deals today. Presently, the euro-greenback pair is worth 1.3251, up from Friday's European session close of 1.3185. If the euro gains further, it may likely target the 1.332 level.
Against the yen and pound, the euro is currently worth 102.88 and 0.8395, compared to Friday's European session closing values of 102.36 and 0.8372, respectively. The next upside target level for the euro is seen at 103.2 against the yen and 0.841 against the pound.
German wholesale price index and Swiss producer and import prices data for January are slated for release in the European session.
There are no major economic reports due from the U.S. today.
