The euro steadied against the dollar in European hours Monday, holding above USD1.45 as some of the fresh Greek angst generated by Standard & Poor's Corp. faded and traders looked ahead to a possible euro-zone interest rate rise.

Forex - Risk Appetite Cools Slightly on S&P Warning

The euro fell against its counterparts in Asia on Monday after Standard & Poor's Ratings Services warned that a debt rollover plan for Greece could amount to a default, though traders said the common currency will remain supported by expectations that the European Central Bank will hike rates this week.

The yen fell against the dollar and euro on Friday in Asia after the Bank of Japan's June tankan survey showed a deeper-than-expected drop in business sentiment in the aftermath of the March 11 disaster.

The euro and dollar reached session highs against the Swiss franc Thursday as optimism over preventing a Greece debt default caused traders to sell off the safe-haven currency.