U.S. Dollar Eases after Jobs Data Rally

The dollar gave back some ground on Monday as traders sold into a rally triggered by robust U.S. jobs data, while Greece held investors’ focus after Athens reaffirmed its rejection of an international bailout program.

The dollar index, an indication of the greenback’s performance against a basket of major currencies, slipped 0.3 percent to 94.459, having gained over 1 percent on Friday after the U.S. employment figures.

Meanwhile, Greece was back on investors’ minds as Prime Minister Alexis Tsipras remained adamant that improved bailout terms was the only way out for the debt-strapped nation.

CNBC

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