FXstreet.com (Córdoba) - The euro weakened versus the dollar during the New York session and surrendered its daily gains as risk aversion hit the markets after disappointing US data, and comments from US Senate majority leader Harry Reid.

Weighed by falling US stocks, EUR/USD retreated from a high of 1.3282 and slid toward the 1.3200 level before finding support and bouncing slightly. At time of writing, EUR/USD is quoting at the 1.3220 area, where it is virtually unchanged since opening, in a choppy session amid illiquid markets.