EUR/USD Higher

EUR/USD is trading higher Wednesday. EUR/USD is trading at 1.0951, up 0.00547. IFO released the monthly German surveys this morning. German Business Expectations came in at 103.9 versus February's 102.5. IFO's Current Assessment came in at 112 versus 111.3 in February and the IFO Business climate index 107.9 versus 106.8 in February. The impact on trading was muted. German Consumer confidence is due Thursday at 3:00 AM ET. Market chatter is making the rounds that if an agreement is reached in Greece some buying may occur. Greece is putting together the reform list to obtain new funds before running out of cash in April. Europe's Euro is down on the year, year over year and down on the month as the end of the first quarter approaches.