The GBP decreased in the first session of the week
According to CME Group's FedWatch Tool, Fed funds futures traders are pricing in a 33% chance of another interest rate hike from the Fed this year.
Bank of America analysts Athanasios Vamvakidis and Michalis Rousakis last week were skeptical about the greenback's growth in recent weeks.
In the opposite direction, the Euro increased 0.40%, reaching 1.0554 USD.
Meanwhile, the dollar steadied against the Japanese yen at 149.55, close to the key 150 level. Some traders see the possibility of Japanese authorities intervening to support the currency's rise again. again. Last weekend, Japan's top currency diplomat Masato Kanda said that authorities will take appropriate action in the context of excessive fluctuations in the yen.
Bank of America analysts Athanasios Vamvakidis and Michalis Rousakis last week were skeptical about the greenback's growth in recent weeks.
In the opposite direction, the Euro increased 0.40%, reaching 1.0554 USD.
Meanwhile, the dollar steadied against the Japanese yen at 149.55, close to the key 150 level. Some traders see the possibility of Japanese authorities intervening to support the currency's rise again. again. Last weekend, Japan's top currency diplomat Masato Kanda said that authorities will take appropriate action in the context of excessive fluctuations in the yen.
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