The dollar stabilized during early Monday trading, ahead of the announcement of an important report on US inflation data later this week, which provides more indications on the expectations of monetary policy at the Federal Reserve (the US central bank), after the markets started the year with a hesitant start with reducing bets on a reduction. interest rates.
Transactions were weak in Asia in light of the general holiday for the Japanese Stock Exchange.
The dollar rose 0.05 percent against the yen to 144.67, continuing its gains from last week when it jumped 2.6 percent against the Japanese currency in its best weekly performance since June 2022.
The New Zealand dollar rose 0.1 percent to $0.6248 after falling 1.2 percent last week. The dollar index settled at 102.38.
