Investing.com – The U.S. dollar was broadly higher against its major counterparts on Monday, while the euro came under pressure amid speculation that Greece wanted to restructure its debt and uncertainty over Portugal’s bailout.
During European late morning trade, the greenback was sharply higher against the euro, with EUR/USD tumbling 0.70% to hit 1.4327.
Earlier Monday, a Greek daily newspaper reported that Greece told the International Monetary Fund and the European Union earlier this month that it wanted to restructure its debt, after receiving a bailout last May. The report was subsequently denied by a finance ministry source in Athens.
The greenback was also higher against the pound, with GBP/USD shedding 0.29% to hit 1.6279.
U.K. property website Rightmove said earlier Monday that asking prices for houses in England and Wales edged 0.1% higher in April compared to a year earlier, although agents saw the biggest monthly rise in unsold properties in nearly four years.
Elsewhere, the greenback was down against the yen but up against the Swiss franc with USD/JPY sliding 0.36% to hit 82.83 and USD/CHF rising 0.39% to hit 0.8959.
Meanwhile, the greenback was higher against its Canadian, Australian and New Zealand cousins, with USD/CAD climbing 0.21% to hit 0.9612, AUD/USD shedding 0.30% to hit 1.0536 and NZD/USD tumbling 1.02% to hit 0.7913.
Earlier Monday, official data showed that New Zealand’s consumer price index rose less-than-expected in the first quarter, increasing 0.8%, disappointing expectations for a 1.0% gain.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.47%.
Later in the day, U.S. Federal Reserve Bank of Dallas President Richard Fisher was due to speak in Atlanta.
During European late morning trade, the greenback was sharply higher against the euro, with EUR/USD tumbling 0.70% to hit 1.4327.
Earlier Monday, a Greek daily newspaper reported that Greece told the International Monetary Fund and the European Union earlier this month that it wanted to restructure its debt, after receiving a bailout last May. The report was subsequently denied by a finance ministry source in Athens.
The greenback was also higher against the pound, with GBP/USD shedding 0.29% to hit 1.6279.
U.K. property website Rightmove said earlier Monday that asking prices for houses in England and Wales edged 0.1% higher in April compared to a year earlier, although agents saw the biggest monthly rise in unsold properties in nearly four years.
Elsewhere, the greenback was down against the yen but up against the Swiss franc with USD/JPY sliding 0.36% to hit 82.83 and USD/CHF rising 0.39% to hit 0.8959.
Meanwhile, the greenback was higher against its Canadian, Australian and New Zealand cousins, with USD/CAD climbing 0.21% to hit 0.9612, AUD/USD shedding 0.30% to hit 1.0536 and NZD/USD tumbling 1.02% to hit 0.7913.
Earlier Monday, official data showed that New Zealand’s consumer price index rose less-than-expected in the first quarter, increasing 0.8%, disappointing expectations for a 1.0% gain.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.47%.
Later in the day, U.S. Federal Reserve Bank of Dallas President Richard Fisher was due to speak in Atlanta.