The euro pared gains against the dollar on Wednesday as Greek debt negotiations faltered after Prime Minister Alexis Tsipras said creditors have refused to accept some of Athens’ latest proposals.
EUR/USD was last at 1.1183, off highs of 1.1235 hit earlier in the day.
Market sentiment was hit after a Greek government official said the Greek prime minister told associates that some of Greece's latest proposed reform measures had not been accepted by creditors.
The remarks came as Tsipras departed for Brussels to meet with the heads of the European Commission, the European Central Bank and the International Monetary Fund.
Euro zone finance ministers were due to hold talks later in the day to finalize an agreement for the EU leaders to approve on Thursday.
Earlier Wednesday, Greece's economy minister, George Stathakis, said "two or three" areas still needed to be addressed, but added that he was confident a deal would be reached by the time EU leaders meet on Thursday.
Greece has to repay € 1.6 billion to the IMF on June 30 or face going into default, which could trigger the country’s exit from the euro area.
EUR/JPY was last at 138.63, down from 139.17 earlier, while EUR/GBP was at 0.7102.
The dollar dipped against the yen, with USD/JPY at 123.90 from 124.10 earlier.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was at 95.44, holding below Tuesday’s peaks of 95.89.
