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US dollar eases as Fed clues awaited; Bitcoin hits 2-year high
The U.S. dollar drifted weaker on Monday, pressured by lower Treasury yields, as traders waited for more crucial economic data for fresh clues on the timing of Federal Reserve interest rate cuts. Bitcoin rose to a more than two-year peak amid big flows into cryptocurrency exchange-traded funds. The euro was firm following Friday's 0.33 per cent advance, with a European Central Bank policy decision looming on Thursday. The yen stuck near the closely watched 150 per dollar level, as investors tried to assess whether the Bank of Japan's exit from its negative interest rate policy could happen as soon as this month. The ... (full story)