The euro surged against the dollar late Wednesday after a CNBC report indicated that Greek and European Union officials have reached an agreement “in principle” on a plan to rework the country’s bailout.The euro EURUSD, -0.21% traded at $1.1354, its highest level in two sessions, after trading in a tight range around the $1.13 level during Wednesday’s session.
Meanwhile, the dollar USDJPY, -0.14% traded at ¥120.41, its highest level since the closing compared with ¥119.35 late Tuesday.
The pound GBPUSD, -0.12% traded flat against the dollar and euro at $1.5250 and £0.7420 EURUSD, -0.22%
The euro traded flat against the dollar at $1.1315.
The ICE U.S. Dollar Index DXY, +0.02% a measure of the greenback’s strength against a basket of six rival currencies was 0.2% stronger at 94.9530.
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