* Euro pares monthly gain after ECB maintains dovish bias
* Dollar steadies vs yen ahead of Japanese Golden Week
TOKYO, April 28 The dollar edged up in Asian
trading on Friday but was on track for a losing month against a
basket of currencies, while the euro shed some of its monthly
gains after the European Central Bank maintained its easing
The dollar index, which tracks the greenback against a
basket of six major rivals, edged up 0.1 percent to 99.193
, but down 0.8 percent for the week and 1.2 percent for
The euro was down 0.1 percent at $1.0865, but up 1.3
percent for the week and 2 percent for the month.
ECB chief Mario Draghi said on Thursday after the central
bank's policy meeting that removal of the bank's easing bias was
not discussed, stressing the barriers the ECB still faces before
beginning to tighten its ultra-loose financing conditions.
However, he also said that euro zone's recovery was
increasingly solid and downside risks had diminished.
Against its Japanese counterpart, the dollar was steady on
the day at 111.30 yen, up 2 percent for the week but
still down 0.1 percent for the month.
"The Japanese Golden Week holidays are ahead, and investors
have already adjusted their positions," said Kaneo Ogino,
director at foreign exchange research firm Global-info Co in
Tokyo markets will be closed for three days from May 3 for a
string of holidays known as the Golden Week, and some market
participants take additional time off.
"Because of the holidays, we're not seeing the usual
Japanese profit-taking or exporter selling on the dollar's rise,
though some investors are still hoping for a chance to buy the
dollar on dips," Ogino said.
On Thursday, the BOJ kept monetary policy unchanged as
expected, but offered its most optimistic assessment of the
economy in nine years, signalling its confidence that a pick-up
in overseas demand will help sustain an export-driven recovery.
Japanese economic data released early in the session showed
Japan's core consumer prices rose at a slower than expected pace
in March from a year earlier, government data showed on Friday,
but posted their third straight month of increase, driven by
rising energy costs.
The dollar was steady against the Swedish crown at 8.8422
crowns per dollar, having jumped on Thursday after
Sweden's Riksbank extended its bond-buying and predicted its
first interest rate hike in mid-2018, later than previously
(Reporting by Tokyo markets team; Editing by Sam Holmes)