💨 Abstract

The dollar remained near a two-year high on Monday, with traders waiting for U.S. economic data and Fed policy updates. The Chinese yuan weakened past 7.3 per dollar for the first time in 14 months, prompting attention on the PBOC's actions. The Aussie and NZ dollars were unaffected, while the euro weakened to a more than two-year low.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖