The dollar didn't react to the
statements from the meeting, hovering close to its near-three-week low
touched on Friday. It traded almost 0.2 percent lower at 112.54 yen, its
fourth straight day of declines after the Fed reiterated plans for
three rate hikes this year, fewer than the four markets were expecting.
The
dollar index, which tracks the greenback against a basket of six
trade-weighted peers, slipped 0.1 percent to 100.17, after earlier
touching a 5 1/2-week low.
Markets are focussed on a raft of speeches by Federal Reserve officials this week, including Chicago's Charles Evans on Tuesday and Friday, Chair Janet Yellen on Thursday, Dallas's Robert Kaplan and Minneapolis's Neel Kashkari on Friday and New York's William Dudley on Saturday.
The euro climbed 0.2 percent to $1.0763, riding investor relief over the Netherlands election defeat of anti-European Union candidate Geert Wilders that boosted it to a near-six-week peak on Friday.
Attention now turns to the French election, with the first Presidential debate set to take place on Monday. Opinion polls show independent centrist Emmanuel Macron would lead far-right leader Marine Le Pen by a hair in first-round voting, before beating her in the run-off.
In commodities, oil prices continued their downward trend as OPEC supplies remained steady despite touted cuts and rising U.S. drilling contributed to concerns about a supply glut.
U.S. crude dropped almost 1 percent to $48.32 a barrel.
Global benchmark Brent fell 0.6 percent to $51.41.
The weaker dollar boosted gold, which rose 0.5 percent at $1,234.54 an ounce, after touching a two-week high earlier in the session.
Markets are focussed on a raft of speeches by Federal Reserve officials this week, including Chicago's Charles Evans on Tuesday and Friday, Chair Janet Yellen on Thursday, Dallas's Robert Kaplan and Minneapolis's Neel Kashkari on Friday and New York's William Dudley on Saturday.
The euro climbed 0.2 percent to $1.0763, riding investor relief over the Netherlands election defeat of anti-European Union candidate Geert Wilders that boosted it to a near-six-week peak on Friday.
Attention now turns to the French election, with the first Presidential debate set to take place on Monday. Opinion polls show independent centrist Emmanuel Macron would lead far-right leader Marine Le Pen by a hair in first-round voting, before beating her in the run-off.
In commodities, oil prices continued their downward trend as OPEC supplies remained steady despite touted cuts and rising U.S. drilling contributed to concerns about a supply glut.
U.S. crude dropped almost 1 percent to $48.32 a barrel.
Global benchmark Brent fell 0.6 percent to $51.41.
The weaker dollar boosted gold, which rose 0.5 percent at $1,234.54 an ounce, after touching a two-week high earlier in the session.
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