As reality settles in, the Euro is finding itself under renewed pressure, as investors consider worries of growth woes and implementation risks for the Mediterranean nation.

As reality settles in, the Euro is finding itself under renewed pressure, as investors consider worries of growth woes and implementation risks for the Mediterranean nation.

Following the news that the Eurozone’s policymakers have finally agreed on the deal which would give Greece the €130 billion needed to avoid a messy default, the Euro rose against the U.S. Dollar and traded at a high of $1.3293.

Investors hoped remain firmly pinned on a resolution today to the Greek bailout issue, which has helped to buoy the Euro and other commodity-linked currencies.

In Asian trading, the U.S. Dollar struck a 3½ month peak against the Japanese Yen as better than expected U.S. data points provided a lift to the greenback, already rallying since the Bank of Japan’s movement earlier this week.

In Asian trading, the U.S. Dollar struck a 3½ month peak against the Japanese Yen as better than expected U.S. data points provided a lift to the greenback, already rallying since the Bank of Japan’s movement earlier this week.

Following a surprise announcement that the E.U. would not make a do-or-die decision on the Greek bailout loan, the Euro tumbled to a 3-week low against the U.S. Dollar on renewed worries that Greece will be unable to meet its March 20th debt obligations.

Following a surprise announcement that the E.U. would not make a do-or-die decision on the Greek bailout loan, the Euro tumbled to a 3-week low against the U.S. Dollar on renewed worries that Greece will be unable to meet its March 20th debt obligations.

A planned meeting in Brussels for today which was aimed at approving the Greek bailout plan was delayed again after Eurozone finance ministers claimed that Greek party chiefs failed to commit to the necessary reforms.

The Euro had initially made some gains against the U.S. Dollar during the Monday trading session on news that the Greek parliament had approved additional austerity measures, but recent news that Moody’s credit rating agency had downgraded several Eurozone members put renewed albeit slight pressure on the common currency.