11.   Bednarczyk said that negative sentiment about the dollar continued to dominate the market and boost the euro.

12.   Remarks by New York Federal Reserve president William McDonough that the dollar was overvalued should boost the euro, DBS Bank in Singapore said.

13.   The euro was also boosted by signs that Japanese authorities may be reluctant to intervene on currency markets to curb the rise of the yen against the dollar.