Economics
Dollar Little Changed While Euro Breaks Four-Day Losing Streak
- Trading flows still muted before Catalonia decision Thursday
- Dollar outlook guarded amid policy, Fed leadership uncertainty
This article is for subscribers only.
The dollar was little changed as traders adjusted positions amid a search for fresh drivers; the euro was set to break a four-day losing streak as investors weighed the prospects of Thursday’s Catalonia deadline.
The Bloomberg Dollar Spot Index retreated after gaining more than 0.2%. The greenback was mixed versus its G-10 peers, while the euro gained compared with almost all of the same group. The common currency reached a session high versus the dollar just above 1.1800. Flows were quite muted, according to traders in Europe, London and New York.