Summary Key currencies were little-changed Wednesday ahead of the long New Year weekend.
NEW YORK (AFP) - Key currencies were little-changed Wednesday ahead of the long New Year weekend, with little economic news to provoke traders in a quiet market.
There was no significant movement in the major currency pairings: at 2200 GMT the euro-dollar was at $1.0932 and the dollar-yen at 120.52 yen.
The pound and Chinese yuan also steadied after losses against the dollar earlier this week.
"Movements among major currencies were at a minimum, a reflection of light holiday markets," said Joe Manimbo, senior market analyst at Western Union Business Solutions.
"Sterling steadied after slumping to new eight-month lows on Tuesday," he added.
But he noted that "underlying sentiment remained sterling-negative" for the pound due to uncertainty over Britain s tenure in the European Union and falling expectations that the Bank of England will follow the Federal Reserve s cue with an interest rate hike in the coming months.
