FX: Dollar Declines Against Yen, Euro on Greek Aid, Home Sales Drop
The dollar fell against the euro and the yen as German lawmakers said aid to Greece may come through a state-owned lender and sales of U.S. existing homes unexpectedly declined last month. The euro gained against the dollar as German officials said the nation is considering buying Greek bonds through state-owned lender KfW Group. The greenback depreciated against all of its 16 most-traded counterparts except the pound as home purchases dropped 7.2 percent last month, the second-largest decline ever. Full Story