Investing.com - The euro rose near one-week highs against the U.S. dollar on Wednesday, as demand for the single currency remained supported as Greek lawmakers prepared for a second vote on bailout reforms.
EUR/USD hit 1.0960 during late Asian trade, the session high; the pair subsequently consolidated at 1.0962, adding 0.24%.
The pair was likely to find support at 1.0853, the low of July 16 and a two-month low and resistance at 1.1036, the high of July 15.
The Greek parliament was set to vote later Wednesday on a second set of reforms needed to secure the country's bailout deal.
If lawmakers approve the financial and judicial reforms, Greece will be able to press ahead with negotiations for an €86 billion bailout from its creditors.
On Monday, Greek banks reopened following a forced 3-week closure, while restrictions on cash withdrawals remained in place.
In addition, the International Monetary Fund confirmed that Greece had cleared its overdue debt repayments of €2.05 billion and was no longer in arrears.
The repayments, and another for €4.2 billion to the European Central Bank due on Monday, were made possible by a short-term European Union loan of €7 billion.
Greece's next major deadline is August 20, when it must pay €3.2 billion owed to the ECB, followed by a payment of €1.5 billion to the IMF in September.
The euro was lower against the pound, with EUR/GBP shedding 0.23% to 0.7016.