Singapore, November 14 (QNA) – The US dollar held firm on Monday following last week’s sharp drop as Federal Reserve Governor Christopher Waller said that the central bank was not softening its fight against inflation.
A slightly cooler-than-anticipated inflation data on Thursday sent the greenback on a tailspin, with the dollar index sliding 3.6% over two sessions last week, its biggest two-day percentage loss since March 2009.
The Japanese yen weakened 0.24% versus the US dollar to 139.12 per dollar, having strengthened 5.4% last week against the dollar. The euro was last down 0.2% at $1.0331.
Sterling was last trading at $1.1798, down 0.31%.
The dollar index fell 0.094% at 106.610, not far off Friday’s low of 106.27. (QNA)
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