Investing.com - The euro edged higher on Wednesday but concerns over Greece’s debt negotiations continued to weigh on the single currency in subdued trade.
EUR/USD was up 0.19% to 1.0757, off Tuesday’s lows of 1.0659.
The Greek government is no closer to reaching an agreement with its euro zone partners and the International Monetary Fund over economic reforms required to access remaining bailout funds, fuelling fears that the country could be forced out of the euro zone.
On Tuesday Bloomberg reported that the European Central Bank is considering tighter rules on Greek banks in return for emergency liquidity, adding to pressure on Athens.
The euro was almost unchanged against the yen, with EUR/JPY at 128.54 and was close to three-month lows against the Swiss franc, with EUR/CHF at 1.0253.
Trade remained subdued with little in the way of economic data to provide fresh direction for markets.
The dollar ticked lower, with the U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, slipping 0.235 to 97.98.
USD/JPY dipped 0.14% to 119.50, just below Tuesday’s one-week highs of 119.82.