The US dollar continues to pare its recent gains as optimism builds that a confirmation of a Greek bailout deal is closer. The yen is the weakest G10 currency this week, following the BOJ's unexpected JPY10 trillion extension of its Japanese government bond purchase program. U.K. January retail sales unexpectedly surged 1.9% m/m versus the -0.1% consensus forecast.
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Dollar Softer on Greek Bailout Hopes originally appeared on Credit Writedowns