05.02.201521:35:10UTC+00Euro retains gains on optimism in Greece debt

The euro kept its advances nailed during the recent swing back to optimism in Greek debt and ahead of US nonfarm payrolls due today.

The 19-nation currency was slightly changed at $1.1469 following its 1.2% rise overnight in a short covering rally, helped by report the European Central Bank decided to give financing of up to €60 billion in emergency liquidity assistance (ELA) to Greece.

Outlooks the Swiss National Bank would be purchasing euro to weaken the Swiss franc also backed the shared currency.

This week, the currency has endured wide swings as hopes Greece could win swift relief from its lenders alternated with concerns an agreement cannot be brokered, which increased the likelihood the country might exit the eurozone.

ECB shocked investors when it earlier said they won’t accept Greek bonds as collateral.

Greece's aid deadline with the European Union, the ECB and International Monetary Fund "troika" expires on Feb. 28.