Asia shares in waiting mode ahead of Fed, ECB events

Indonesia Berita Berita

Asia shares in waiting mode ahead of Fed, ECB events
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Asian share markets got the week off to a muted start on Monday as jaded investo...

In currency markets, the dollar was little changed against its main peers on Monday and well within recent tight trading ranges. Indeed, volatility in the market has been the lowest in decades recently and shows no sign of shifting., after bouncing on Friday. Chart support lies at 108.23 with stiff resistance at 109.48.having found support at $1.0987 last week.

“The minutes are likely to reiterate that the U.S. economy is ‘solid’ and that current monetary policy settings are ‘appropriate’, which would support the dollar,” said Joseph Capurso, a currency analyst at Commonwealth Bank of Australia.

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