The euro moved up against the dollar by reducing the fears around Deutsche Bank

Euro compensated the fall against the dollar on Friday, after the European currency slipped to US to a minimum of nine weeks due to reduced fears about the state of the German Deutsche Bank (DE: DBKGn).
In addition, the ensuing peace of investors put pressure on the robust yen and the Swiss franc.
Traded in the US Deutsche Bank shares rose by 12.2 percent to 15.36 GMT, after falling to a record low the day before. The root cause of the bank crisis - a fine by the US Department of Justice, the amount of which may reach $14 billion, which the Bank disputes.
Assumptions about reducing fine supported the euro after the currency fell to $1.1153 in early trading session in the US. By reducing anxiety about the Deutsche Bank the dollar peaked in nine days to reliable franc at 0.9752.