Early trade in New York: euro falls on Greece debt worries

The euro slumped against the dollar on Monday on worries over whether Greece would secure aid before it runs out of cash in three weeks, while the greenback gained versus other currencies on the view the Federal Reserve will raise US interest rates this year.
Athens sounded upbeat about talks with its creditors to release funds from its 240-billion-euro aid package while Germany called for a more detailed list of reforms.
The euro remains under pressure from the diverging policy paths of the Fed and the European Central Bank, supporting the notion it would fall to parity with the dollar this year, analysts said.
The euro zone single currency was down 0.45 percent against the dollar at $1.0839. This brings its quarterly decline to 10.4 percent, which would be its largest since the third quarter of 2008.
The euro fared better versus the yen, up 0.2 percent at 129.88 yen.
The dollar index, a gauge of the greenback's value against a basket of currencies, climbed 0.7 percent after back-to-back weeks of losses.
The greenback was up 0.8 percent against the yen at 119.98 yen, while the sterling was down 0.6 percent against the dollar at $1.4793.