Macro Roundup (Jul 27)
CST
Source:SMM
The dollar edged lower on Monday against a basket of peer currencies as investors positioned themselves ahead of this week’s US Federal Reserve policy meeting, while cryptocurrency prices rose to their highest in weeks.
SHANGHAI, Jul 27 (SMM) — This is a roundup of global macroeconomic news last night and what is expected today.
The dollar edged lower on Monday against a basket of peer currencies as investors positioned themselves ahead of this week’s US Federal Reserve policy meeting, while cryptocurrency prices rose to their highest in weeks.
The dollar index was down 0.261% at 92.654 at 3:00 p.m. ET, under pressure from the euro and yen, but was still close to last week’s 3-1/2-month high of 93.194.