U.S. Dollar Starts the Week Steady

The dollar got off to a steady start on Monday as some calm returned to markets following an initial bout of risk aversion stemming from a flare up in geopolitical tensions.

The downing of a Malaysian airliner in eastern Ukraine last week and fighting in Gaza still dominated the headlines, but developments over the weekend did not bring any fresh jitters.

The dollar index was unchanged at 80.513, having retreated from a one-month peak last Friday when the euro bounced off a five-month trough of $1.3491.

CNBC

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.