Investing.com - The dollar fell against major world currencies in Asian trading on Monday after recent polls in Greece showed the pro-bailout party New Democracy was gaining in the polls, which sparked appetite for riskier currencies
In Asian trading on Monday, EUR/USD was trading up 0.53% at 1.2583.
Polls in Greece lately have shown the conservative New Democracy party is gaining ground ahead of June 17 parliamentary elections.
New Democracy favors sticking with austerity measures in exchange for bailout money as opposed to Greece's more radical Syriza party.
A strong showing by New Democracy in the June elections could lead to a coalition government that would more likely favor sticking with the euro, which rose against the greenback, bringing other currencies up with it.
The greenback was down against the pound, with GBP/USD up 0.18% and trading at 1.5694.
The U.S. currency was down against the yen, with USD/JPY trading down 0.30% at 79.44, and down against the Swiss franc, with USD/CHF trading down 0.48% at 0.9550.
The dollar was mixed against its cousins in Canada, Australia and New Zealand, with USD/CAD down 0.37% at 1.0254, AUD/USD up 0.89% at 0.9845 and NZD/USD up 1.01% at 0.7615.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.49% at 82.11.
U.S. markets will be closed on Monday.
On Tuesday, The U.S. Conference Board's consumer confidence index will hit the wire, while in Europe, German inflation data and Spanish retails sales figures will publish as well.
Markets will keep an eye down the road to Friday's U.S. jobs report.
In Asian trading on Monday, EUR/USD was trading up 0.53% at 1.2583.
Polls in Greece lately have shown the conservative New Democracy party is gaining ground ahead of June 17 parliamentary elections.
New Democracy favors sticking with austerity measures in exchange for bailout money as opposed to Greece's more radical Syriza party.
A strong showing by New Democracy in the June elections could lead to a coalition government that would more likely favor sticking with the euro, which rose against the greenback, bringing other currencies up with it.
The greenback was down against the pound, with GBP/USD up 0.18% and trading at 1.5694.
The U.S. currency was down against the yen, with USD/JPY trading down 0.30% at 79.44, and down against the Swiss franc, with USD/CHF trading down 0.48% at 0.9550.
The dollar was mixed against its cousins in Canada, Australia and New Zealand, with USD/CAD down 0.37% at 1.0254, AUD/USD up 0.89% at 0.9845 and NZD/USD up 1.01% at 0.7615.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.49% at 82.11.
U.S. markets will be closed on Monday.
On Tuesday, The U.S. Conference Board's consumer confidence index will hit the wire, while in Europe, German inflation data and Spanish retails sales figures will publish as well.
Markets will keep an eye down the road to Friday's U.S. jobs report.