The dollar rose slightly Monday, as traders await monetary policy decisions scheduled to be taken by the Federal Reserve (the US central bank) and the Bank of Japan on Wednesday and the release of the US jobs report for July on Friday. The dollar index, which measures the performance of the US currency against the euro, the yen and four other major currencies, rose 0.27 percent to 104.64 points. The euro fell 0.41 percent to $1.08115, and the British pound fell 0.77 percent to $1.2841. The dollar rose in the latest trading by 0.17 percent to reach 154.05 yen, recovering previous losses of 0.49 percent. The Australian dollar also fell slightly to $0.6545, trying to recover from the low it hit last Friday at $0.65105, a level it has not seen since early May. Source: Qatar News Agency
Wednesday, October 30, 2024