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Greece, ECB keep euro in tight range

Posted by Forexsq 103 days ago (http://www.marketwatch.com)
img Forexsq.com - The U.S. dollar slipped in zigzag action Wednesday against the euro, but gained versus other major currencies, after some more indications that Greece would agree to stringent reforms in order to secure more financial aid.

The euro touched a two-month high during European hours as news reports challenged hopes that the European Central Bank may be the linchpin to an agreement on a second bailout for Greece.

The dollar index DXY +0.06% , which measures the performance of the U.S. currency against six other units, traded at 78.589, from 78.552 in late North American trading Tuesday.

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