Forex Pros - The U.S. dollar was mixed against other major currencies on Monday, shortly before euro zone finance ministers were set to meet in Brussels to discuss measures to combat Greece's debt crisis. The greenback fell against the yen and pound, with USD/JPY shedding 0.01% to reach 89.94 and GBP/USD gaining 0.06% to hit 1.5712. The U.S. dollar was also down against its Australian, Canadian and Kiwi counterparts: AUD/USD rose 0.34% to hit 0.8908, USD/CAD shed 0.29% to hit 1.0473 and NZD/USD rose 0.19% to reach 0.6988. But the greenback was slightly up against the euro and the Swiss franc: EUR/USD shed 0.03% to hit 1.3628 and USD/CHF gained 0.02% to reach 1.0757. The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.09%. Meanwhile, the European Commission said on Monday it may urge Greece to take further steps to reduce its gaping budget deficit, and that it was awaiting an evaluation of Athens' efforts to combat the problem. A spokesman for the commission said: "There should be a first report available in mid-March and that should allow us to make a more in-depth evaluation of the measures which have been proposed by the Greek authorities, including additional measures, as well as the budgetary impact of those measures."

Source