On the interest rate front, no less
than five heads of regional Federal Reserve bank are due to speak this
week while Fed Board Governor Jerome Powell appears on Wednesday, when
minutes of the last policy meeting are also due.
Cleveland
Federal Reserve President Loretta Mester said on Monday in Singapore
that she would be comfortable raising interest rates at this point if
the economy kept performing the way it has.
On Monday, the dollar was little changed against a basket of currencies at 100.880 .DXY and a fraction firmer on the yen at 113.05 JPY=. European politics kept the euro EUR= skittish.
Germany's center-left Social Democrats (SPD) moved ahead of Chancellor Angela Merkel's conservative Christian Democrats (CDU/CSU) in an opinion poll by the Emnid institute for the first time since 2006, Bild am Sonntag said.
The euro stood at $1.0616 on Monday, having fallen 0.6 percent on Friday, not far from the recent five-week low of $1.0520. Risk aversion sparked a rally in German bonds while widening the spread against French debt.
Oil prices were a shade lower having suffered the first weekly decline in five weeks as the market weighed rising U.S. drilling and record stockpiles against efforts by major producers to cut output to reduce a global glut.
Brent futures LCOc1 were up 4 cents at $55.85 a barrel, while U.S. West Texas Intermediate crude CLc1 for April delivery added 5 cents to $53.83 a barrel.
On Monday, the dollar was little changed against a basket of currencies at 100.880 .DXY and a fraction firmer on the yen at 113.05 JPY=. European politics kept the euro EUR= skittish.
Germany's center-left Social Democrats (SPD) moved ahead of Chancellor Angela Merkel's conservative Christian Democrats (CDU/CSU) in an opinion poll by the Emnid institute for the first time since 2006, Bild am Sonntag said.
The euro stood at $1.0616 on Monday, having fallen 0.6 percent on Friday, not far from the recent five-week low of $1.0520. Risk aversion sparked a rally in German bonds while widening the spread against French debt.
Oil prices were a shade lower having suffered the first weekly decline in five weeks as the market weighed rising U.S. drilling and record stockpiles against efforts by major producers to cut output to reduce a global glut.
Brent futures LCOc1 were up 4 cents at $55.85 a barrel, while U.S. West Texas Intermediate crude CLc1 for April delivery added 5 cents to $53.83 a barrel.
