The U.S. dollar declined against the euro on Tuesday ahead of a key vote in the Greek parliament late in the session that will set the stage for Greece to either receive more bailout funding or head towards defaulting on its debt. Investors expect the former, so see less need to the relative safe-haven status of the greenback or U.S. Treasury’s, which also boosted stocks and commodities. “If the Greek confidence vote this evening passes, the better tone for risk should continue short term,” said Adam Cole, global head of foreign exchange strategy at RBC Capital Markets. The dollar index DXY -0.32% , which measures the performance of the U.S. unit against a basket of six major currencies, fell to 74.692, compared to 75.043 late Monday.
