Dollar's Slide Against Euro Continues

Overnight, the euro gained on the dollar after Greece unveiled a deficit-reduction plan, easing some economic concerns in the euro zone. Greece's parliament had approved a budget for next year, aimed at reducing the fiscal deficit to an estimated 9.1% of gross domestic product from 12.7% this year.

The euro has been under pressure over investor concerns that Greece might default on its foreign debt, as its deficit ballooned and servicing costs rocketed.

Dollar's Slide Against Euro Continues - WSJ.com