Euro Edges Higher Vs. Dollar Ahead Of Greek Referendum

By Carla MozeeMarketWatch Pulse

The euro was modestly higher against the dollar Friday, ahead of Sunday's bailout referendum in Greece. The euro was buying $1.1105 on $1.1086 late Thursday in New York. Momentum appeared to be tilting toward a "yes" vote on the referendum on the bailout proposal from Greece's creditors, although the result from a poll for newspaper Ethnos lies within the margin of error and suggests a tight result. Greek Prime Minister Alexis Tsipras is urging a "no" vote. The U.S. dollar index was 0.1% lower at 96.003.

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