Euro Trades Near Two-Week High as Leaders Discuss Greek Aid
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The euro traded near a two-week high against the dollar as European finance ministers continued to work toward an agreement on extra financing for Greece.
The yen held a five-day decline before data forecast to show Japan posted a trade deficit for a fourth straight month. European finance chiefs and the International Monetary Fund meeting in Brussels will try to plug a 15 billion euro ($19 billion) hole through 2014 for Greece’s finances and seek an elusive formula for putting its debt on a sustainable path. New Zealand’s dollar remained lower against most of its major peers after whole milk powder prices fell.