WORLD FOREX:Euro Holds Onto Gains Vs Dollar, Yen; Merkel To Meet Lagarde
-- Euro holds onto gains vs dollar, yen as players continue covering positions betting on further decline in euro
-- Market focus on German chancellor's meeting with IMF president later in day
-- Euro declines to new low vs Australian dollar
TOKYO -(Dow Jones)- The euro held onto gains versus the dollar and the yen Tuesday in Asia as market participants continued covering their positions betting on a further decline in the common currency amid a relative lack of headlines on the European sovereign debt crisis.
Still, upcoming events could pose further downside risks to the single currency as the ...
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