Dollar dips against major currencies

14:56, March 23, 2010      

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The dollar fell slightly against most major currencies on Monday after seesawing on Greece debt worries and rising U.S. stocks.

U.S. House of Representatives on Sunday night gave green light to the final healthcare bills, marking a historic victory for President Barack Obama's efforts to reform the nation's healthcare system. The decision boosted healthcare stocks in Monday trading, lifting broader market.

Investors are worried about whether a European Union summit later this week could yield any aid plan for Greece. Some European leaders urged concrete financial aid, while others insisted that Greece should solve its problem alone.

The euro bought 1.3545 dollars in late New York trading compared with 1.3536 dollars it bought late Friday. The pound rose to 1.5091 dollars from 1.5020 dollars.

The dollar rose to 1.0200 Canadian dollars from 1.0161 Canadian dollars, and fell to 1.0590 Swiss francs from 1.0598 Swiss francs. It fell to 90.13 Japanese yen from 90.49 Japanese yen.

Source:Xinhua
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