KONTAN.CO.ID - NEW YORK. The U.S. dollar eased against a basket of currencies on Monday but remained near a six-month high in muted trading as traders awaited interest rate decisions this week by the Federal Reserve, Bank of England and Bank of Japan.
"The plethora of event risk and central bank meetings coming up is keeping a lid on volatility, and with traders really not wanting to chase moves or take on significant risk before the FOMC, BoE, BoJ, etc.," said Michael Brown, market analyst at Trader X.
The U.S. dollar index, which measures the currency against six major counterparts, was down 0.1% at 105.15, not far from the six-month high of 105.43 touched on Thursday. The index rose for its ninth straight week last week, its longest winning streak in nearly a decade.