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Dollar edges higher as euro, pound weaken

Published 2017-07-03, 03:49 a/m
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Investing.com - The dollar posted tentative gains Monday, edging up from multi-month lows as the euro and the pound weakened.
The dollar index was up 0.14% at 95.52 at 03:15 ET, off a low for the day of 95.38.
The greenback also gained against the yen, adding 0.15% to 112.58 after an upbeat Tankan report.
The (pound) and the euro edged lower after strong gains last week on the back of hawkish remarks by the ECB and the BoE.
The pound was off 0.13% at $1.3011. The euro shed 0.21% to $1.1402.
Investors are looking to the minutes of the latest FOMC meeting on Wednesday.
The June nonfarm payrolls report on Friday will also be in focus.
The Aussie was lower, largely shrugging off a Caixin report that showed an unexpected expansion in Chinese manufacturing in June.

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