Euro rebounds; eyes on Greece and US data

London

THE euro bounced back from two-year lows against a slightly weaker dollar on Monday, with Greece's presidential election and a batch of US data on Tuesday the chief risks to a calmer holiday mood.

The Australian dollar, up 0.3 per cent, was the chief beneficiary of a recovery in oil prices that has seen Brent crude move almost 7 per cent higher from last week's more than five-year lows.