The euro slipped against the U.S. dollar on concerns the negotiations between the Greek government and private-sector bondholders.

Currently, Greek Prime Minister Lucas Papademos is looking for support from political leaders to launch further austerity and reforms needed to convince international lenders to give Greece a second bailout worth 130-billon-euro announced in October amid concerns Greece may fail to repay as much as 14.5 billion euros of debt maturing on March 20.

A report by Bloomberg on Wednesday said Greece and its creditors may reach an agreement with a loss of 70% for a lower borrowing cost of 3.6% instead of 4.25% on 30-year bills, where, in return, a rebound in Greek growth would make the pay to bondholders higher as a compensation for accepting a loss in net present value terms by an estimated 0.5 to 3 percentage points.

Moreover, a debt selling by France and Spain today could not ease tensions in markets regarding Greek debt-swap talks.

France auctioned 7.962 billion euros of debt maturing in 2018, 2020 and 2022. The government sold 5.698 billion euros with a yield of 3.13% compared with 3.29% recorded on January.

Spain, on the other hand, sold 2015, 2016 and 2017 bills worth 4.56 million euros, exceeding the auction's target of 4.5 billion euros. The three-year notes saw an average yield of 2.861% from 3.384% in an auction last month.

Concerning the EUR/USD pair, it slipped to trade around 1.3130, after recording a high of 1.3196 and a low of 1.3119.

The trading range for today is among key support at 1.2870 and key resistance at 1.3375.

Amid the absence of important fundamentals from major economies, the main highlight remains on tomorrow's U.S. jobs report.

The U.S. dollar collapsed to 3-mtonh low versus the Japanese yen, raising speculations the BoJ will intervene to halt the yen's appreciation.

The green currency, however, rebounded against a basket of major currencies, as depicted by the dollar index, which tracks the dollar movements versus a basket of major currencies.

As for the USD/JPY, it fell for the sixth consecutive session to trade around 76.12 after reaching a high of 76.12 and a low of 76.03, where The trading range for today is among key support at 75.20 and key resistance now at 77.30.

Moving to the GBP/USD pair, it is currently traded lower around 1.5822 after touching a high of 1.5857 and a low of 1.5813. Data from the U.K. showed that construction recorded a narrowing in expansion in January as the reading retreated to 51.4 from the prior 53.2

The trading range for today is among key support at 1.5585 and key resistance at 1.6025.