Posted by Mark ThompsonThe 17-nation currency held steady in foreign exchange markets today (November 14th) at $1.3754, as confidence increased that the eurozone's debt crisis may be resolved.Reuters reported the euro is trading slightly higher than the $1.3751 seen in New York at the end of last week and peaked at $1.3811 early in the day.However, the news source noted that uncertainty remains among investors about the likelihood of Greece and Italy handling their debt effectively.Commenting on the outlook, RBC Capital Markets' strategist Michael Turner said: "Everything went to plan, if you like, over the weekend, so we're seeing a positive reaction."Meanwhile, the US dollar edged slightly higher against the Japanese yen at 77.13, up from Friday's 77.10.Last week, Daisuke Karakama, Mizuho Corporate Bank in Tokyo market economist, told Reuters that it would be "too optimistic" to believe that a successor to Silvio Berlusconi will be able to improve confidence in the nation's ability to tackle its deficit issues.For more information on foreign exchange treasury services and risk management, visit our Corporate FX site