The euro slipped from one-month highs against the dollar to trade just slightly higher on Thursday after comments by top Republican lawmaker John Boehner dented a spate of optimism over an agreement to avert higher taxes and spending cuts in the world's largest economy. By midday New York trading, the euro was up slightly at $1.2968, after earlier hitting a one-month high of $1.3013 as traders also reported month-end demand for euros.
The euro hit New York session lows of around $1.2945 following Boehner's comments. Against the yen, the euro was up 0.2 percent at 106.44 yen. On Monday, the euro hit a seven-month high of 107.135 yen hit on Monday. The dollar was little changed against the yen at 82.06 yen, pulling away from a one-week low of 81.68 hit on Wednesday.
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