The dollar finished the second quarter lower against the euro on Tuesday, its first quarterly loss against the shared currency since the first quarter of 2014.The buck also weakened against every major currency except the Japanese yen and New Zealand dollar.
The euro EURUSD, -0.0090% traded at $1.1134, down 0.7% on the day, as Greece was just hours away from defaulting on a €1.54 billion ($1.8 billion) payment to the International Monetary Fund. The euro’s move lower wiped out its gains from Monday’s session, when a short squeeze elicited a stunning reversal in the shared currency.
The dollar weakened against the USDJPY, -0.02% yen, pound GBPUSD, -0.0955% and most of its other industrialized and emerging-market rivals Tuesday. But the ICE U.S. Dollar Index DXY, +0.04% a measure of the dollar’s strength against a basket of six rival currencies of which the euro is the largest constituent, rose 0.58% to 95.54.
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