That rebound coincides with improved economic data and signals from major central banks that they are on pause for now.
The dollar held near a three-week high on Wednesday after the Bank of Japan left monetary policy unchanged, boosting risk appetite and sending the yen lower.
The euro clawed itself off recent lows on Monday as the dollar waited to see whether the U.S. Federal Reserve’s policy meeting this week would calm nerves about slowing global economic growth.
Italian officials must stop questioning the euro and need to "calm down" in their budget debate as they have already caused damage to firms and households.
The head of Germany’s central bank, Jens Weidmann, said market expectations for an end to bond-buying by end-2018 were plausible.
The European Central Bank is finding it difficult to raise inflation expectations, Bank of Italy Governor Ignazio Visco said on Saturday.
The ECB’s bond buys have not led to “statistically significant” moves in the euro and exchange rate shifts are a mere side effect, not the objective of policy
The euro slipped 0.1 percent to $1.2048.
Media reports said there was no police involvement in the matter and that the ECB's investigation would be concluded in the next 24 hours.
Portuguese bond yields hit their lowest level in more than 2-1/2 years on Thursday.
Central bankers say the success of bitcoin and other cryptocurrencies is just a bubble.
The euro zone economy remains dependent on cheap credit and the European Central Bank is using the extension of its massive bond .
The man in charge of the European Central Bank’s 2.5 trillion euros ($2.9 trillion) stimulus program hopes it will not be extended again when it expires in September.
Hong Kong stocks ended the week on a firmer footing, after an encouraging slew of earnings from U.S. tech giants buoyed W. Street and the ECB extended its stimulus.
European shares fell to a near four-week low, with a mixed batch of company results sparking profit-taking a day before the ECB decides on monetary policy.
The ECB will announce a big reduction Thursday in its support to the eurozone economy, analysts predict.
World stocks stayed near peaks and currencies moved in tight ranges on Wednesday.
Easy monetary policy gives euro zone governments a window of opportunity to enact the reforms needed to boost growth once interest rates have to rise.
The European Central Bank’s chief supervisor expects Spanish banks to meet their capital requirements and the remaining demands set by the ECB under.
Wages and inflation in the 19-country euro zone will eventually rise but more slowly than earlier thought.