//
Europe's common currency gained 0.5 per cent to $1.2995 after stretching to $1.3014, its highest point since January 3rd, reports Bloomberg.
The euro moved forward 0.3 per cent to 99.94 yen, while the dollar dropped 0.1 percent to 76.92 yen.
Financial leaders are meeting to discuss how to carry out Greek's debt sale, a new system of measures to deal with fiscal problems, indebted states in the region and new budget rules.
"Recent price action has been supportive for the euro and the positive headlines on Greece have provided additional support today," said Audrey Childe-Freeman, global head of currency strategy at JPMorgan.
Bloomberg noted recently that debt crisis fears in the eurozone had led to investors seeking the relative safety of the dollar.
Posted by Clive Arneil
