Finance ministers of the euro zone on Monday could agree a framework for financial assistance to Greece, said a source from the European Union, while Germany said it will adopt a political decision and France warned not to expect a number and that the barriers to agreement are maintained.
The ministerial meeting in Brussels focused the attention of short-term market, but analysts said they expected a quick resolution to the problem of Greek debt.
"The struggle of the euro comes from understanding that there is nothing concrete on the rescue to Greece and therefore the markets are disappointed not to see further progress on that front," said Matthew Strauss, currency strategist at RBC Capital Markets in Toronto.
In early trading in New York, the euro was down 0.4 percent at $ 1.3712, away from his more than three weeks of 1.3796 set on Friday after industrial orders in the euro area exceeded forecasts.
A data released Monday, however, showed that employment in the euro zone fell in the fourth quarter, realizing the region's economic fragility.
Operators also explained there were reports in the market for large sales orders associated with options around 1.3800, which would limit a lid on the euro.
The ICE Futures U.S. dollar index, in turn, reversing a loss on Friday to show profits, as the weakness of European and Asian stocks pushed investors to avoid riskier assets.
Moody's said the credit ratings of U.S., UK, France, Germany and Spain were insured, but low risk had increased.
According to a report of the Federal Reserve Bank of New York, a manufacturing index of the state of New York was less than expected in March, while sectoral employment reached its highest since October 2007, he added support for the dollar.
The dollar index was up nearly 0.4 percent against a basket of reference currencies, at 80.123. Against the yen, the greenback was up approximately 0.2 percent to 90.68 yen.
The pound fell 0.8 percent against the dollar at $ 1.5058, after touching a session low of $ 1.5019 by persistent fears of a weak economic outlook British and uncertainty prior to the May elections.
(Additional reporting by Neal Armstrong in London, editing by Gerald E. McCormick Spanish)
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