Previous session overview On Friday, the dollar declined against the euro and yen on a resurgence of risk aversion after the credit crunch struck AIG's earnings and oil continued to set record highs. The euro held its ground despite the release of better-than-expected figures out of the U.S and on the back of the European Central Bank's (ECB) decision yesterday to hold rates at 4 percent. EURUSD traded with a low of 1.5394 and a high of 1.5489 before closing the day at 1.5479 in the New York

Filed under: Fundamental