Investing.com - The euro was firm Tuesday above $1.16 as euro-zone sentiment remained upbeat.
The single currency was up 0.12% at $1.1657 at 06:15 ET after a high of $1.1684.
Greece is returning to the primary bond market for the first time since 2014.
Its 5-year bond was reportedly initially priced to yield 4.875%, below the levels seen in 2014.
Visiting European Economic Affairs Commissioner Pierre Moscovici said in Athens Greece had reached a "turning point."
The Ifo economic institute Tuesday reported that German business morale unexpectedly rose in July to a new record high.
The business climate index rose to 116.0 in July from 115.2 in June when it was expected to fall to 114.9.
The euro hit two-year highs last week buoyed by remarks by ECB chief Mario Draghi deemed hawkish.
The ECB Governing Council is due to discuss a possible shift in its ultra-accommodative policy in the fall.
The IMF Monday slightly raised its growth forecasts for the euro zone for this year and the next.
The dollar index was flat at 93.82 near 13-month lows.s.