Dollar steadies as traders await U.S. data for policy hints

03.05.2021 - Korneychuk Evgeniya
Dollar steadies as traders await U.S. data for policy hints

The dollar held onto a recent bounce on Monday as investors started the week cautious, awaiting central bank meetings and U.S. economic data to look for hints at global inflation and policy shifts.

The dollar index traded at 91.242. It fell 2% in April on upbeat global recovery prospects, which lifted trade-exposed currencies.

The dollar steadied at 1.2029 against the euro and at 109.28 against the yen. The pound firmed at $1.3825.

The Aussie and kiwi both climbed through April, but fell on Friday when strong U.S. consumption figures boosted the dollar. 

The Aussie climbed 0.1% to $0.7724 on Monday, while the kiwi rose 0.2% higher to $0.7174. 


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