MW:U.S. dollar index weaker as risk appetite improves
By V. Phani Kumar
NEW YORK (MarketWatch) -- The dollar declined early Thursday, reversing its rise during Asian trading hours, as broad global equity market gains and higher U.S. index futures helped improve risk appetite further a day after German and French leaders said Greece will remain in the euro zone. The dollar index DXY -0.38% , which measures the currency against six major rivals, slipped to 76.62 from 76.825 in North American trade late Wednesday, with the euro EURUSD +0.28% rising to $1.3800 from $1.3756 and the British pound GBPUSD +0.21% at $1.5812 from $1.5777. Sebastien Galy at Societe Generale noted the turnaround came despite a lack of "any meaningful news" on the euro crisis, and that the U.S. trading session will enter to a "brighter mood but a choppy market."
