The euro rose against the dollar and the yen before a meeting of European finance ministers to discuss the debt problem in Greece, and determine how to help Portugal, which has increased the optimism in the market and push the euro and high yielding currencies to rise against the dollar and the yen.

The euro started today's session with an increase against the dollar, as the pair trades around 1.4145 after recording the highest at 1.4147 and the lowest at 1.4047. The pair faces a resistance at 1.4200. The daily momentum indicators show the pair is in an oversold area.

The pound traded higher against the greenback, trading around 1.6205 after recording the highest at 1.6208 and the lowest at 1.6164. The pair faces a resistance at 1.6220. The daily momentum indicators show the pair is in an oversold area.

The dollar/yen pair decreased during the Asian session, as the pair trades around the 80.92 level, recording the highest at 80.05 and the lowest at 80.66. The daily momentum indicators show the pair is heading to the downside.