The euro fell against the US dollar today, as the majority of US economic reports released over the past week have continued to suggest that the American economic recovery has been steady and sustainable so far.

In contrast, the market's view over the eurozone region has remained negative, with investors growing more concerned about how Greece will service its debt. 'Renewed concerns about Greece and a round of profit-taking in risky assets kept carry and commodity currencies under selling pressure overnight while supporting the dollar and the yen,' analysts at Societe Generale SA said in a research note. 'Sovereign credit risks continued to cloud the euro outlook.' The Greek Prime Minister George Papandreou yesterday asked for a meeting with the EU, the International Monetary Fund and the European Central Bank. Talks are scheduled to begin in Athens on 19 April. Meanwhile, Spanish Finance Minister Elena Salgado today told reporters that Greece has taken 'the first steps' in requesting financial assistance.