Dollar loses gains while euro trades higher (MarketWatch) (27-01-2012)

FRANKFURT — The dollar had losses against the euro and other major currencies Friday, remaining under pressure as data showed the U.S. economy grew 2.8% in the fourth quarter and after a top European Union official said Greece and private creditors are near an agreement on voluntary write-downs on Greek-government debt.

The ICE dollar index which measures the greenback’s moves against a basket of six other major currencies, traded at 79.183, falling from 79.416 in North American trade late Thursday.

The euro rose to $1.3143, up from $1.3107 in North American trade late Friday.

The British pound slipped to $1.5689 from $1.5695 in late U.S. trade Thursday.

Against the Japanese yen, the dollar was changing hands for ¥76.84 versus ¥77.48.

Source: MarketWatch