The US Dollar maintained stability on Monday while investors await a series of officials of federal reserves during the week, which could give new signals about the direction of monetary policy after the Central Bank continued the interest rate decrease.
In Asian currency markets, trading was more peaceful compared to last week marked by strong oscillations due to the decisions of the FED interest, the BOE) and the banks of Japan (BOJ).
Japanese yen weakened 0.2% to 148.26 yen for a dollar, after the BOJ announced the possibility of a recovery of interest. The British pound fell on a two-week minimum of $ 1,3453 under pressure from the growth of public debt and the decision BOE, confirmed the challenges in balancing growth and inflation.
In a broader context, the dollar continued a slight recovery after the last week’s decision of the FED’s decision, strengthening at 97.78 points compared to the basket of the most important currencies, investor me. Euro weakened 0.15% to $ 1,1731.
The market will especially monitor the exit of the Governor of the FED Jerome Powell and other officials, while the analysts point out that the Stephen Miran member could be crucial because the questions of the FED’s independence and the possible influence of a white house on monetary policy.
