Forex Pros - The euro halted its rally against the dollar on Monday at 1.3653, as investors reconsidered the possibility that the U.S. Federal Reserve would carry out an earlier-than-expected interest rate hike.
After slipping to a daily low of 1.3605, EUR/USD consolidated around 1.3625 shortly before the European trading session, rising 0.1%. The pair was likely to find support at 1.3445, Friday's low and a 9-month low, and resistance at 1.3839, the high of Feb. 9.
The euro strengthened against the yen, meanwhile, with EUR/JPY gaining 0.2% to hit 124.81.
The single European currency was lifted earlier by a report on Saturday in German weekly Der Spiegel that Germany's finance ministry had readied plans for euro zone nations to help debt-ridden Greece.
Fears over Greece's gaping budget deficit have hurt the euro in recent weeks.
