The greenback came back after the better than estimated US confidence data which showed improvement to 50.2 in October from the revised 48.6 while analysts expected 49.9.
However, the dollar remains under pressure before next week's Fed meeting which is expected to witness a second round stimulus to give another boost to the economy that started to show sluggishness.
The dollar index rebounded from a low of 77.03 to a high of 77.68 where it is doing attempts to breach resistance at that level.
On the other hand, the euro slipped after Mohamed A. El-Erian, Pacific Investment Management Co. Chief Executive Officer, said Greece will fall into default over the coming three years as the announced austerity measures are not sufficient to reduce the budget deficit that reached 13.6% of GDP last year.
The announcement raised concerns that despite the improvement seen recently debt woes will cause recovery to falter.
Concerning the euro-dollar pair, it is plummeted to a low of 1.3838 below 1.40 key...
