The dollar felt its way, Monday, as investors continued to analyze the results of central bank meetings witnessed last week, including the Bank of Japan's decision to adhere to the monetary easing policy that keeps the yen weak.
The dollar index, which measures the performance of the US currency against six other major currencies, rose only 0.029 percent to 102.31, to remain near the lowest level in a month at 102, which it touched on Friday. US financial markets are closed today for a holiday.
In a busy week of central bank meetings, the US Federal Reserve kept interest rates unchanged on Wednesday, but hinted at the possibility of a return to increases to curb inflation.
The European Central Bank raised interest rates by 25 basis points Thursday while leaving the door open for further increases, and the Bank of Japan closed out the week with its decision.
