Eur/usd - 1.2575 ... Euro continued to ratchet higher in NY afternoon after finding renewed buying at 1.2515/20 partly due to cross buying in euro versus chf as eur/chf pair rebounded fm 1.4363 to 1.4469/70. Earlier, both houses of the Germany parliament approved a law allowing Europe's biggest economy to contribute as much as 148 bln euros in guarantees to the 750 bln euro EU/IMF bailout package.