US Dollar Mixed in Forex Trading

Greek news, economy sends mixed signals to greenback

The US dollar is mixed in forex trading on the currency market today as an interesting situation arises. On one hand, Greek officials are trying to make it clear that they are attempting to meet austerity goals.

However, the country may not be able to meet the targets, and that could put the eurozone at risk. Right now, the US dollar is mixed as financial markets wait for direction. Euro is higher against the dollar on the expectation that a Greek debt will get done. The pound is lower against the dollar as equities fall on jitters about Greece.

For the most part, there hasn’t been a lot of movement on the currency market. Most currency pairs are rangebound right now. Bigger movements are expected after an announcement about Greece is made. 

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