From MarketWatch | Sarah Turner | April 22, 2012
SYDNEY (MarketWatch) — The dollar index reclaimed some lost ground Monday after the first round of the French presidential election and ahead of Chinese and European manufacturing surveys due later in the global trading day.
The ICE dollar index DXY +0.14% , which measures the greenback against a basket of six other currencies, traded at 79.266 in early Asian trading on Monday, up from 79.140 reached in late North American trading Friday.
The dollar index slid on Friday after the release of some well-received U.S. earnings and a surprise rise in a German business confidence gauge.
The euro EURUSD +0.04% fell to $1.3195 Monday, down from $1.3219 in late trading Friday.
The results of the first round of the French presidential election trickling out late Sunday projected that Socialist challenger François Hollande would lead incumbent Nicolas Sarkozy into the second round.
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