The greenback declined on Friday as the US bond yields declined, while the economy presented low power data guiding Asian investors to put the greenback for sale. The 10 year maturity bonds yield, which usually moves in opposite to the price of the note, declined 8 basis points to 3.06% following it touched 3.05%, which was their lowest hit since December 7. The dollar dipped broadly, declining to a record low versus the Swiss franc and also the American currency hit 36 months low against the New Zealand dollar, while traders expecting talk of US dollar selling by model funds and US banks including Asian sovereign players. Regardless of the ongoing concerns over European sovereign debt, mainly those of Greece, the euro grew to $1.4258 from $1.4128 in North American trading on Thursday. The euro benefitted from a slight increase against the US dollar due to lowering bonds yield differentials, it tested to a record low versus the Swiss franc in a sign that traders would remain focus on the fast swelling situation in the euro-zone. The head of euro-zone finance ministers, Jean-Claude Juncker, told that IMF could hold back the next slice of aid to Greece, due in the coming month, heaving the chances of default. Markets had been feeling the pressure in past weeks because of solid stream of bad news from the euro zone. The dollar index, which tracks the US dollar as compared to a basket of six major currencies, declined to 75.071 from 75.598 on Thursday. The greenback also dived to an all time low versus the Swiss franc, dipping to 0.8534 francs and reported last buying at 0.8577 francs, almost fell 0.90%. Meanwhile, the US dollar dropped versus the Japanese yen and it was trading at 81.07 yen from 81.33 Japanese yen on Thursday. The Australian dollar soared to reach $1.0684 from earlier $1.0630 while the British pound climbed to $1.6425 from last close of $1.6385.

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