(MENAFN- FxPro) The euro pushed higher against the dollar on Tuesday after Greece repaid a loan installment to the International Monetary Fund, but concerns over the country's future in the euro area persisted.
EUR/USD was up 0.30% to 1.1189, off overnight lows of 1.1130.
Greece repaid a ‚¬770 million loan installment to the IMF early Tuesday, easing concerns that it was on the verge of default.
Athens is scrambling to reach an agreement with its international creditors on a package of economic reforms in order to access fresh bailout funds and avert a liquidity crunch.
Euro group finance ministers held talks with Greek Finance Minister Yanis Varoufakis in Brussels on Monday but no substantial progress was made.
Greece's government has indicated that it is still hopeful that progress will be made but euro zone officials have indicated that too many issues still remain unresolved.
The euro was also higher against the yen and the pound, with EUR/JPY up 0.35% to 134.41 and EUR/GBP adding 0.39% to trade at 0.7184.
Elsewhere, the dollar was little changed against the yen, with USD/JPY at 120.12.
The U.S. dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, was up 0.24% to 94.89, still above last week's two-month trough of 93.96.
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