MW: Dollar nears day's highs; Greek worry intensifies
By Myra P. Saefong
SAN FRANCISCO (MarketWatch) -- The U.S. dollar traded near the session's highs Monday as concerns over when Greece will receive the next tranche of aid from international lenders intensified. The dollar index DXY +0.55% , which tracks the greenback against a basket of six rivals, rose to 79.247 from 78.647 in North American trade late Friday. It touched a high of 79.365. Luxembourg Prime Minister Jean-Claude Juncker said euro-zone finance ministers will not decide Monday on the release of the next scheduled aid payment to Greece, according to news reports. Greece has already said that it wouldn't meet its deficit target this year. The euro EURUSD -0.59% weakened, buying $1.3263, down from $1.3409 late Friday. It touched a low of $1.3237 earlier.
