The euro saw a good day as it recovered against the dollar as German lawmakers approved a rescue for Greece while the dollar gained versus the yen When US data showed that the employment grew at its fastest pace in four years.
On the other hand, Pound was down when the UK election left no party with an outright parliamentary majority but rebounded when Conservative Party leader David Cameron said he would try to form a minority government.
Greg Salvaggio, vice president of trading at Tempus Consulting in Washington said: "We got positive news on the euro front as both houses of Germany’s parliament approved the 110 billion euro Greek rescue. But the problem remains, ‘Who is going to bail out Spain or Portugal if it turns out they need help?’"
Pound hit a one-year low below $1.45. The euro last traded 0.6 percent higher at $1.2731. Against the Yen, it rose 2 percent to 116.99. The dollar rose 1.5 percent to 91.90 yen