On Tuesday, euro fell against the dollar after data showed that German economic sentiment index unexpectedly fell this month.
EUR/USD is traded at 1.1025 after 1.1037 the day before publication.
The long-awaited economic sentiment in Germany, by ZEW, fell to 25.0 this month, from 29.7 in July. Analysts had expected the index to rise at 32.0.
The index was the lowest in nine months, the report says, as concerns over the current geopolitical and economic situation in the world put pressure.
Meanwhile, the euro zone economic sentiment from the ZEW rose to 47.6 in August from 42.7 in July, exceeding the expected rise to 43.9.
Earlier on Tuesday, the euro rose to a two-week high against the dollar after an unexpected devaluation of the Yuan by the central bank of China, prompting investors to close positions on the Chinese currency to the euro.
Chinese Central Bank devalued the Yuan in an effort to support the exporters after the recent series of disappointing economic data.
The central bank described the decision as a one-time depreciation of nearly 2%, based on a new method of management of the exchange rate.
The euro rose to a 1.5-month high against the Yuan, jumping 1.95%.
The single currency strengthened after news that Greece and its international lenders have reached an agreement on the third package of crisis aid.
Greece narrowly avoided the Eurozone quit last month; on August 20, it must pay the European Central Bank a sum in the amount of € 3.4 billion.
The euro was little changed against the pound, EUR/GBP being traded at 0.7070, and rose against the yen; EUR/JPY rose 0.27% to 137.69.
The USD index, which tracks the US currency against a basket of six major rivals, is stable at 97.22, being traded below the recent highs at 97.64.