FOREX-Euro retains momentum, but U.S. data poses risk

* ECB buying of euro zone debt eases market panic

* Euro may have bottomed out near-term

* Some traders say strong U.S. jobs figure could boost dlr

By Hideyuki Sano

TOKYO, Dec 3 (BestGrowthStock) – The euro retained its momentum on
Friday, keeping gains made after talk the European Central Bank
aggressively bought euro zone periphery debt, even though it
avoided explicitly committing itself to ramping up bond buying.

The immediate focus of the market moved to U.S. payrolls
data later in the day, with surprisingly strong U.S. housing
numbers adding to budding optimism on the U.S. economy.

The euro nestled at $1.3210 (EUR=: ), floating well above a