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1st LD Writethru: U.S. dollar rises against euro on Greek debt crisis

Xinhua, June 20, 2015 Adjust font size:

The U.S. dollar climbed against the euro on Friday as market concerns on Greek debt crisis heated up.

With no major data came out of the country on Friday, investors mainly focused on the rising uncertainties in Greek debt situation.

Greece and its international creditors failed to clinch a deal on Greece's bailout issue on Thursday, triggering the risks of a default and Grexit from the euro zone.

Dutch Financial Minister and Eurogroup President Jeroen Dijsselbloem said on Thursday that it was unlikely for any financial aid to Greece before June 30, when its euro zone bailout agreement expires and the country has to pay about 1.5 billion euros (1.7 billion U.S. dollars) to the International Monetary Fund.

The shared currency dipped 0.04 percent against the U.S. dollar as investors were seeking safe-haven assets other than euros.

The greenback traded mixed against other major currencies on Friday. The dollar index, which measures the greenback against six major peers, was up 0.04 percent at 94.077 in late trading.

In late New York trading, the euro dropped to 1.1353 dollars from 1.1368 dollars in the previous session, and the British pound climbed to 1.5878 dollars from 1.5874 dollars in the previous session. The Australian dollar went down to 0.7768 dollars from 0. 7794 dollars.

The U.S. dollar bought 122.64 Japanese yen, lower than 123.05 yen of the previous session. The U.S. dollar inched down to 0.9173 Swiss francs from 0.9219 Swiss francs, and it increased to 1.2262 Canadian dollars from 1.2233 Canadian dollars. Endite