Euro holds gains on hopes for Greeece debt deal

TOKYO, Feb 4 (AFP) : The euro held its gains on Wednesday, the day after surging on growing optimism that Greece will hammer out a debt deal with its European partners and avoid a possible default.

In Tokyo, the single currency fetched $1.1469 and 135.04 yen, compared with $1.1479 and 134.96 yen in New York but sharply up from the levels around $1.13 and 132 yen seen in Tokyo earlier Tuesday.

The dollar rose to 117.74 yen, from 117.57 yen in US trade.

"The driver appears to be increased market optimism that a solution may be found and indeed is beginning to be worked out between Greece and its creditors," National Australia Bank said in a note.