The euro strengthened to three-week peaks above $1.09 and could now be a dovish Fed statement away from climbing a few cents higher.
U.S. economic uncertainty has tempered dollar bullishness, affording the single currency more mobility to the upside. And it also helped sentiment that Athens this week put a new team in place to negotiate bailout talks with its European creditors.
Consequently, fears of a Greek default and exit from the euro have abated, buoying the euro.
Commentary
EUR review
The euro strengthened to three-week peaks above $1.09 and could now be a dovish Fed statement away from climbing a few cents higher. U.S. economic uncertainty has tempered dollar bullishness, affording the single currenc…
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