Dollar Down as Investors Grapple With Recent Central Bank Policies By Investing.com

 Dollar Down as Investors Grapple With Recent Central Bank Policies By Investing.com

© Reuters.

By Gina Lee

Investing.com – The dollar was down on Monday morning in Asia, making a steady start to the week but remaining below the peaks it hit on Friday. Investors continue to find a middle ground between markets’ volatile interest rate projections and recent dovish monetary policy decisions from key central banks.

The that tracks the greenback against a basket of other currencies inched down 0.01% to 94.310 by 12:24 AM ET (4:24 AM GMT).

The pair edged up 0.19% to 113.61.

The pair inched down 0.10% to 0.7394 while the pair inched up 0.07% to 0.7120.

The pair was steady at 6.3979. showed that Chinese grew 27.1% year-on-year in October, while grew 20.6% year-on-year and the stood at $84.54 billion.

The Chinese Communist Party’s Central Committee will start its first meeting in more than a year on Monday. The gathering will run to Nov. 11.

The pair edged down 0.13% to 1.3477, bouncing back from…

Read full article…www.investing.com