Forex - Dollar higher against rivals such as euro falls on fears of Greece

Forex News- The U.S. dollar was higher against all its major counterparts Monday as the euro weakened broadly after a weekend meeting of European finance ministers failed to progress in solving the region's financial crisis.

In the European morning, the dollar was strong against the euro, with EUR / USD fell 0.93% to 1.3670 hit.

Concern about a possible breach by Greece intensified after the European Union finance ministers warned that it may withhold the next tranche of Greece if Athens rescue aid does not meet the deficit reduction targets.

The dollar was lower against the pound, with GBP / USD shedding 0.38% to reach 1.5731.

Earlier Monday, the Bank of England quarterly bulletin said the bonus plan with a purchase option was implemented between March 2009 and early 2010 had an "economically significant" effect on Britain's financial system, but said the impact of future purchases may differ.

The dollar also rose against the yen and Swiss franc, with USD / JPY inching up to 0.10%, to 76.87 and USD / CHF advancing 0.78% to reach 0.8825.

In addition, the stronger dollar against its Canadian cousins ​​Zealand, Australia and New, with USD / CAD up 0.9824 0.46% to hit, AUD / USD fell 1.13% to reach 1.0244 and NZD / USD shedding 0.67% to reach 0.8233.

Earlier in the day, a report showed that the rate of New Zealand Westpac consumer confidence stood at 112 in the September quarter, as consumers remained upbeat, but the long-term confidence fell.

Meanwhile, the Australian dollar was weighed by speculation about a possible rate cut by the central bank before the release of the minutes of the monetary policy meeting this month on Tuesday.

The dollar index, which tracks the performance of the greenback against a basket of six currencies, rose 0.76%, to 77.64.

Later in the day, officials of the EU and the International Monetary Fund were to hold talks with Greek Finance Minister Evangelos Venizelos to discuss additional steps to ensure you can qualify for Athens next installment of the bailout funds.

Also Monday, U.S. President Barack Obama would talk about the economy, in Washington.