The euro was slightly higher against the dollar Wednesday, even as investors continued to worry about euro-zone debt _ particularly Greece's _ and slow growth in Europe.
Investors were also looking forward to Federal Reserve Chairman Ben Bernanke testifying before the U.S. Congress for any hints about the state of the economic recovery.
The 16-nation euro bought $1.3520 in European morning trade, up from $1.3515 late Tuesday in New York.
The British pound was nearly unchanged at $1.5419, compared with $1.5420 late Tuesday. The dollar fell to 89.99 Japanese yen from 90.18 yen.
"Fears of a double-dip recession are now starting to permeate into the markets' thought processes and this is causing a certain amount of risk aversion," analyst Michael Hewson at CMC Markets said.
The euro closing "below $1.3485 could well be the signal for further losses and the move toward $1.3200," he added. "While the market is able to hold above this level, it could well be susceptible to bounces back toward $1.3750."
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