Forex Today: Dollar retreats to start the week, eyes on Lagarde's testimony By eren_fxstreet Currencies Majors
will testify before the Committee on Economic and Monetary Affairs of the European Parliament at 1300 GMT. Although the US stock and bond markets will be closed in observance of the Juneteenth holiday, St. Louis Federal Reserve President James Bullard is scheduled to speak later in the day.
In the early trading hours of the Asian session on Monday, the People's Bank of China announced that it left the 5-year Loan Prime Rate unchanged at 4.45%. Additionally, the US is reportedly reviewing tariffs on Chinese imports and also evaluating a pause on federal gas tax to bring down prices.ended the previous week virtually unchanged. In the early European session, the pair is up modestly at around 1.0530.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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