The euro finished Wednesday’s session above $1.1050, its best performance since June 29, as investors held out hope that Greek leaders will strike an 11th-hour deal with the country’s international creditors, averting a default on money owed to the European Central Bank and a possible exit from the eurozone.The euro EURUSD, -0.0271% recently traded at $1.1069, up from $10.08 late Tuesday in New York.
The ICE U.S. Dollar Index DXY, +0.02% a measure of the dollar’s strength against a basket of six currencies, was down 0.24% to 96.6370.
But the dollar traded unevenly against its main rivals. The British pound weakened as the U.K.’s ruling Conservative party released a budget proposal that includes more cuts to government spending.
The pound GBPUSD, +0.1237% was down 0.22% against the dollar to $1.5374, from $1.5462 late Tuesday in New York.
The dollar USDJPY, +0.34% traded at 120.79 yen, its lowest level against the Japanese currency in about six weeks. One dollar was worth ¥122.52 late Tuesday in New York.
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