FOREX-Dollar stays firm as traders look to U.S. data for policy cues Reuters 5/3/2021
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By Tom Westbrook
SINGAPORE, May 3 (Reuters) - The dollar clung to a recent bounce on Monday as investors made a cautious start to a week crammed with central bank meetings and big-ticket U.S. economic data, waiting for clues on the outlook for global inflation and for policymakers responses.
Trade was thinned by holidays in Japan and China, which kept a lid on volatility, leaving the greenback to trade where it settled after a Friday leap. It held at $1.2020 per euro and crept to a three-week high of 109.58 yen.
Dollar holds gains as traders look to U S data for policy cues
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