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Euro perks up on Greek hopes, dollar dips

From reuters.com

The euro hovered just under a three-week peak early on Tuesday, having pushed higher overnight as the dollar came under broad pressure and on renewed hopes that cash-strapped Greece was a step closer to securing fresh funding. The euro climbed as far as $1.0927 EUR= and last stood at $1.0879. It is nearing the top-end of a $1.0457-$1.1062 range since hitting a 12-year trough in mid-March. Greek Prime Minister Alexis Tsipras on Monday reshuffled his team handling talks with European and IMF lenders, a move widely seen as an effort to relegate embattled Finance Minister Yanis Varoufakis to a less active role in ... (full story)

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