The dollar gains against the major global
currencies on Monday as investors parked in the safe-haven greenback waiting to
see if Eurozone and IMF will work out a deal to help Greece. The IMF, EU finance
ministers and officials from the European Central Bank are due to meet on Monday
to discuss freeing up pending aid for Greece. European governments support
giving Greece a two-year extension to cut the country's debt to 120% of GDP by
2022, a proposal at which the IMF has balked. Investors hope that all sides
strike a deal and free up aid earmarked for Athens, though until such an
announcement becomes public, the dollar will be the safe-heaven.
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