Day: February 20, 2012

US Dollar Drops on Greek Bailout Hopes

US dollar is lower today, dropping as Forex traders look forward to a Greek bailout. The expectation is that eurozone leaders will come up with a way to get Greece the money it needs to avoid a messy default. Equities around the world rallied on the news, and the need for safe haven fell, bringing the US dollar down as well. US markets are closed today for the Presidents Day holiday, but the Forex market […]