Investing.com - The euro was steady against the dollar on Thursday after crunch talks on the Greek deb crisis on Wednesday ended without an agreement on extending the country’s bailout.
EUR/USD was at 1.1328, little changed from 1.1336 late Wednesday.
The euro remained steady after talks between Greece and European Union officials ended without an agreement, though both sides said there was still hope for a deal. Further talks are due to be held next Monday.
Greece’s current bailout is due to expire on February 28 and the new Greek government does not want it extended, fuelling fears over a conflict with its creditors which could trigger the country’s exit from the euro zone.
Athens has proposed an overhaul of 30% of its massive bailout deal, replacing it with a 10 point plan of economic reforms.
However, Greece’s creditors in the EU are insisting that the country must stick to the terms of the original bailout agreement.
The euro was lower against the yen, with EUR/JPY down 0.27% to 136.19, off Wednesday’s one-month highs of 136.68.
In other trade, the dollar slipped lower against the yen, with USD/JPY losing 0.16% to trade at 120.24.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.19% to 94.99.