Key Points
TOKYO/LONDON (Reuters) -The U.S. dollar weakened slightly on Monday, at the start of an action-packed week for markets with Britains budget, a European Central Bank meeting, U.S. jobs data and important political moments in both China and the U.S. all due...
Eyes were also on Bitcoin, which rose to a more than two-year peak above $65,000 after a quiet weekend, pushed higher in recent weeks by big flows into cryptocurrency exchange-traded funds, most notably in the United States...
The euro rose 0.13% to $1.08, sterling gained 0.19% to $1.2677 and the Japanese yen fluctuated around the closely watched 150 per dollar level..
As expectations for other central banks, notably the European Central Bank and Bank of England, have moved in near lockstep, currency volatility partly dependent on changing interest rate differentials has been strikingly low, and is at its lowest level since the start of the war in Ukraine...
Hardman said last weeks stronger-than-expected euro zone inflation data meant the ECB would be unlikely to say anything at this weeks meeting to cause markets to bring forward expectations of the first rate cut, currently seen in June...
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