The US Dollar (USD) fell on Monday, dropping to a two-week low against the yen, as traders looked ahead to several major central bank meetings and a slew of major economic data releases this week. The Bank of Japan (BOJ) kicked off its two-day monetary policy meeting on Monday, leading a week that will also see interest rate decisions from the U.S. Federal Reserve and the Bank of England (BoE).

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Pakistani rupee continues its downslide

Karachi: The declining trend of rupee continued on Wednesday as the currency…

Pakistan decides against taking loan from commercial bank at 11% interest rate

Pakistan has ‘decided’ against taking loans from commercial bank at higher interest…

Oil rises as Russia cuts output after Western price cap

Oil contracts rebounded on Friday after Russia announced it would slash its…

First shipment of Russian oil expected by month end

Minister of State for Petroleum Dr Musadik Malik on Wednesday said the…