The EUR was up modestly against the Dollar Thursday as Euro-Zone officials signaled the impending completion of the Greek bailout package. Further supporting the EUR was the release of encouraging data from Germany and the European Union, as well as strong earnings reports from European and U.S. companies which boosted overall economic sentiment, supporting higher yielding currencies.
The EUR is currently at $1.3238 and at Y124.53 from Y124.27. The U.K. Pound is at $1.5323 from a low of $1.5192.
Overall investor sentiment is still EUR negative as other EUR-Zone countries, such as Portugal and Spain, are close to a debt crisis of their own. Therefore, any rally which may follow the conclusion of the Greek crisis will likely be short lived.