By Tom Westbrook and Johann M Cherian
Aug 24 (Reuters) - The U.S. dollar hovered near multi-month lows on Monday in a market unsettled by the U.S. Treasury's promise to buy back more long-dated bonds, while traders awaited details of sanctions on Iran and for policy speeches this week in the U.S. and **** an.
Trade tensions weighed on the Canadian dollar, which weakened 0.5% to C$1.3836 per dollar, after Washington imposed 50% tariffs on Canadian goods, with Canada retaliating in kind.
With the dollar having slid broadly in recent days the euro was trading at $1.1665, down a touch on the day, but in sight of last week's three-month top.
Sterling was likewise marginally softer at $1.3628 but near its six-month high of $1.3675 also hit on Friday. The **** anese yen was a touch weaker at 159.25 per dollar.
#dollar #touch #johann #reuters
Aug 24 (Reuters) - The U.S. dollar hovered near multi-month lows on Monday in a market unsettled by the U.S. Treasury's promise to buy back more long-dated bonds, while traders awaited details of sanctions on Iran and for policy speeches this week in the U.S. and **** an.
Trade tensions weighed on the Canadian dollar, which weakened 0.5% to C$1.3836 per dollar, after Washington imposed 50% tariffs on Canadian goods, with Canada retaliating in kind.
With the dollar having slid broadly in recent days the euro was trading at $1.1665, down a touch on the day, but in sight of last week's three-month top.
Sterling was likewise marginally softer at $1.3628 but near its six-month high of $1.3675 also hit on Friday. The **** anese yen was a touch weaker at 159.25 per dollar.
#dollar #touch #johann #reuters
1 day ago
