The USD declined slightly against the EUR and GBP yesterday after concerns eased over the Euro-Zone debt issues. Market sentiment rose after EU officials signaled the imminent conclusion of the Greek bailout talks.

The Dollar was little changed versus the Yen at Y94.07 from Y94.11. The EUR/USD pair is currently trading at $1.3226 after previously reaching a high of $1.3256 during today's early Asian trading. The British Pound broke through the 1.53 level against the USD after recovering from the daily low of 1.5141 and is currently trading at $1.5322.

Along with news regarding the Greek bailout plan, markets are awaiting the release of the Advance U.S. Gross Domestic Product figures, which are due to be published today at 12:30 GMT.