The dollar is weak against a basket of currencies this morning.
It strengthened last week after FOMC meeting minutes suggested that the Federal Reserve could begin to taper its monetary policy soon. However, Federal Reserve Chair Jerome Powell has since repeated his view that it is too early to discuss reducing their programme.
A series of data will be released for the US this week, including core PCE, which measures inflation, and personal income figures.
Several Federal Reserve officials will also speak this week, and investors will be looking out for any talk of tapering monetary policy.
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