DOLLAR MOVES SLIGHTLY AWAY FROM TWO-WEEK PEAK AHEAD OF IMPORTANT US DATA

DOLLAR MOVES SLIGHTLY AWAY FROM TWO-WEEK PEAK AHEAD OF IMPORTANT US DATA
DOLLAR MOVES SLIGHTLY AWAY FROM TWO-WEEK PEAK AHEAD OF IMPORTANT US DATA

The US dollar dropped slightly on Monday, continuing losses for the second day.

The dollar moved away from its two-week high due to profit-taking and corrections.

A halt in the rise of 10-year US Treasury bond yields also added pressure.

Investors are waiting for key US economic data to gauge the economy's performance in the last quarter.

The Federal Reserve is expected to cut interest rates, influencing the dollar's movement.

Read more