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2014.02.2406:16:12UTC+00Euro firms as Ukraine unrest signals ease

The euro held stable versus the dollar on Monday, holding its gains it made last week as political restlessness in Ukraine showed clues of subsiding for the time being.

After a week of battling in the streets of the capital, Ukraine's parliament agreed on Saturday to oust President Viktor Yanukovich and also release his arch-nemesis, former prime minister Yulia Tymoshenko, finishing a progressive shift in the former Soviet republic.

The euro remained slightly changed on the day at $1.3739, moving away from $1.3685 low last week. The euro surged up 0.1% to ¥140.92 after reaching a low of ¥139.22 on Thursday.

The dollar was padding water versus a basket of major peers at 80.248. The dollar index has recouped some footing after reaching 79.927 last week, its lowest level since December.

The dollar traded at ¥102.47, gliding to almost a three-week peak over ¥102.80 hit on Friday. Market participants will be watching US signs due this week for additional signs of possible weakness in the world's biggest economy, following a soft report last week shocked to the downside and subdued prospects for the greenback.

US figures out this week encompasses consumer confidence on Tuesday, newest home sales on Wednesday, and 4th quarter gross domestic product on Friday. Market response to the result of the Group of 20 meeting of finance ministers and central bank heads done in Sydney last week was restricted.

Worldwide progress and latest upheaval in emerging markets were in core, but the G20 communiqué

did not signal towards significant conflict between advanced and emerging economies.

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