Forexsq.com - The U.S. dollar dropped against the euro and several other major currencies Monday as hopes that European leaders would sign off on Greece’s second bailout package and China’s monetary easing over the weekend moved some investors out of the safe-haven dollar.
The ICE dollar index DXY -0.67% , which measures the greenback’s performance against a basket of six other global rivals, fell to 79.082 from 79.334 late in North American trading Friday.
The euro EURUSD +0.60% was fetching $1.3216, up from $1.3156 late Friday.
