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Summary The euro was holding steady against the dollar after hitting an 11-month low earlier in the week.
The dollar is also trading in tight ranges against other major currencies ahead of the holiday season.The euro edged up to $1.3013 in afternoon trading Friday from $1.3011 late Thursday.Fears that European leaders wont be able to solve the regions debt crisis pushed the euro down to $1.2943 Wednesday, its lowest point since Jan. 7.In other trading Friday, the British pound fell to $1.5499 from $1.5501. The dollar fell to 77.82 Japanese yen from 77.91 Japanese yen and to 0.9383 Swiss franc from 0.9405 Swiss franc. The dollar rose to 1.0387 Canadian dollar from 1.0358 Canadian dollar.
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