The euro rebounded on Friday as an early sell-off lost steam on central bank demand and technical buying, although the currency was vulnerable due to fears about eurozone banks and a gloomy global outlook. In midday New York trading, the euro was up 0.5 percent against the dollar on the day at $1.44050, with a weekly gain of more than 1 percent so far.
The dollar sank to an all-time low against the yen beneath 76 yen on trading platform EBS. It was last at 76.350, down 0.3 percent and down around 5.9 percent so far this year. Stops were cited at 75.50 and 75.80 yen.
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