The euro held steady above US$1.32 on Thursday, after its rebound from a one-year low overnight.
Signs of strength in the U.S. economy had lifted appetite for risk on Wednesday, and offered some relief to investors worried about possible debt defaults in Europe.
The Federal Reserve had maintained its pledge to keep interest rates low for an "extended period" and gave an upbeat assessment of U.S. economic prospects at the end of its two-day policy meeting.
Sentiment toward the euro remained bearish due to the Greek debt crisis and the fear of contagion after Standard and Poor's downgraded Spain's credit rating.
The euro drifted around US$1.3214 and 124.16 yen in afternoon trade.
Activity was subdued, with Tokyo closed for the Golden Week holiday.
The dollar index was down 0.2% at 82.22 while the greenback gave up some of its overnight gains versus the yen, slipping 0.2% to 93.93 yen.
Profit taking weighed on the NZ dollar after the Reserve Bank of New Zealand said it would raise rates in the coming months.
The currency was last quoted down 0.3% at 67.37 yen. It slipped 0.2% to US$0.7169, pulling away from a 3-month high of US$0.7257 hit earlier in the week.
Crude oil futures held above $83 a barrel after climbing 1% the previous day.
Government data showed U.S. crude and distillate stock piles rose more than forecast last week while gasoline inventories fell unexpectedly.
The market is now hoping the summer driving season will improve U.S. gasoline demand.
Gold was steady at $1,1650 an ounce, after jumping to an intraday high of $1,174 on Wednesday due to safe-haven flows.
