Monday, 15 August 2016

Dollar in holding pattern against yen and euro

The dollar was little changed against the yen and euro early Monday, due to a lack of fresh trading cues and thin volume amid Japan’s summer holiday season.

The greenback USDJPY, -0.35%  was at ¥101.10 early Monday amid rangebound trade, compared with ¥101.30 late Friday in New York. The euro EURUSD, +0.0448%  was at $1.1172 from $1.1155.

The WSJ Dollar Index BUXX, -0.16%  , a measure of the dollar against a basket of major currencies, was down slighly, dipping less than 0.2% to 86.22.

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