Dollar gains but euro still firm on strong THE dollar has pulled higher but the euro showed resistance as fresh data provided more evidence the eurozone could be exiting recession. At 2100 GMT on Tuesday (0700 AEST on Wednesday) the euro was at $1.3262, compared to $1.3299 late on Monday. The dollar jumped against the Japanese currency, to 98.22 yen from 96.87, while the euro added to 130.26 yen from 128.82. The dollar edged higher as US Treasury yields pushed up, the 10-year bond rising to 2.71 per cent from 2.61. But the euro held its own amid rising evidence that the region's economy is expanding again. Industrial output in the eurozone bounced back sharply in June, rising 0.7 per cent from May when it fell 0.2 per cent, official data showed on Tuesday. That came ahead of the release of overall growth figures for the second quarter due Wednesday, which are expected to show a switch out of recession. "Of course, any recovery is going to be extremely fragile, but compared to the last couple of years, it's very encouraging," said Craig Erlam, a market analyst at Alpari traders. The British pound slipped to $1.5444 from $1.5461, while the dollar rose to 0.9327 Swiss franc from 0.9255.