The euro held onto modest gains against the greenback in Asia on Wednesday, as bears trimmed short positions just in case EU leaders surprised by making progress on Greece in a conference call later in the day.*
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Gold regained strength on Tuesday as bargain hunting resurfaced after prices dropped more than 2 percent in the previous session, but higher equities and* easing worries about recession in the United States could limit* gains.**
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Chinese policymakers are tolerating moderately faster yuan appreciation to help curb inflation, though there is a limit to how much they will stomach if currency strength starts to hurt the vast export sector and the broader economy.
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Nokia, the world's largest phone maker by volume, posted better-than-expected quarterly profit thanks to a major royalty boost from settling a patent dispute with Apple .
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The euro kept a tentative grip on overnight gains in Asia on Friday cheered by the European Central Bank's pledge to provide Portuguese banks with liquidity, but trading is likely to be subdued ahead of the highly anticipated U.S. jobs report.
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The euro rose to a one-month high against the dollar in Asia on Monday while commodity currencies like the Australian dollar held onto last week's hefty gains, as diminishing worries about Greece prompted investors to embrace risk.
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The euro rose to fresh two-week highs on the dollar in Asia on Thursday, swept higher by a wave of stop-loss buying and extending a rally after Greece moved a step closer to securing international aid.
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Gold rose further on Wednesday on inflation fears ignited by recent strong Chinese economic data, lingering worries over debt problems in Europe and the United States as well as a softer U.S. dollar.
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Gold was little changed on Thursday and silver extended gains from the previous session, when commodities posted their biggest rise in two months after a recent sell-off, as a weaker dollar lent support.
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