Investing.com - The U.S. dollar remained sharply lower against its major counterparts on Monday, after Greece's finance minister said international lenders were about to decide whether the country is to receive its next tranche of financial aid.
During U.S. morning trade, the greenback was sharply lower against the euro, with EUR/USD soaring 2.23% to hit 1.3677.
The single currency was boosted after Greek finance minister Evangelos Venizelos said officials from the International Monetary Fund, European Commission and European Central Bank were set to conclude talks with Greek officials and would release a statement later Monday or Tuesday.
The euro broadly rallied earlier, after German Chancellor Angela Merkel and French President Nicolas Sarkozy pledged to present a "comprehensive package" of measures by the end of the month to tackle the financial crisis in the single currency bloc.
The greenback was also down against the pound, with GBP/USD rising 0.78% to hit 1.5679.
Elsewhere, the greenback was lower against the yen and the Swiss franc with USD/JPY falling 0.09% to hit 76.66 and USD/CHF tumbling 2.54% to hit 0.9036.
The greenback was down against its Canadian, Australian and New Zealand counterparts, with USD/CAD dropping 1.20% to hit 1.0268, AUD/USD soaring 2.24% to hit 0.9987 and NZD/USD jumping 1.98% to hit 0.7846.
Earlier in the day, a report showed that Australian job advertisements in newspapers and on the internet declined for a third consecutive month in September, adding to speculation over a possible rate cut by the country’s central bank.
Meanwhile, markets in Canada remained closed for the Thanksgiving holiday.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 1.63%, to hit 77.80.
In the U.S., treasuries markets were closed for the Columbus Day holiday, while stock markets were open as usual.
During U.S. morning trade, the greenback was sharply lower against the euro, with EUR/USD soaring 2.23% to hit 1.3677.
The single currency was boosted after Greek finance minister Evangelos Venizelos said officials from the International Monetary Fund, European Commission and European Central Bank were set to conclude talks with Greek officials and would release a statement later Monday or Tuesday.
The euro broadly rallied earlier, after German Chancellor Angela Merkel and French President Nicolas Sarkozy pledged to present a "comprehensive package" of measures by the end of the month to tackle the financial crisis in the single currency bloc.
The greenback was also down against the pound, with GBP/USD rising 0.78% to hit 1.5679.
Elsewhere, the greenback was lower against the yen and the Swiss franc with USD/JPY falling 0.09% to hit 76.66 and USD/CHF tumbling 2.54% to hit 0.9036.
The greenback was down against its Canadian, Australian and New Zealand counterparts, with USD/CAD dropping 1.20% to hit 1.0268, AUD/USD soaring 2.24% to hit 0.9987 and NZD/USD jumping 1.98% to hit 0.7846.
Earlier in the day, a report showed that Australian job advertisements in newspapers and on the internet declined for a third consecutive month in September, adding to speculation over a possible rate cut by the country’s central bank.
Meanwhile, markets in Canada remained closed for the Thanksgiving holiday.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 1.63%, to hit 77.80.
In the U.S., treasuries markets were closed for the Columbus Day holiday, while stock markets were open as usual.