LONDON—The dollar fell on Monday back towards a one-month low as traders continued to focus on the prospect of interest rate hikes and tightening outside of the United States. Currency markets were broadly quiet at the start of the week with traders awaiting U.S. growth data and central bank meetings in the euro zone, Japan, and Canada. The dip in the greenback pulled the dollar index to a one-month low in Asian hours and extends softness after Federal Reserve Chair Jerome Powell said on Friday it was not yet time to begin raising interest rates. By 0730 GMT, the index had recovered some of its losses and was last down 0.1 percent at 93.542. The beneficiaries included commodity-linked currencies such as the Australian, Canadian, and New Zealand dollars, which are also benefiting from the continued rally in commodity prices. The euro was little changed at $1.1647 while the yen weakened, …
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