Dollar Supported Ahead of Hawkish FOMC Minutes
The dollar remains relatively supported after last week's softish June jobs report, with hawkish FOMC minutes expected on Wednesday and limited US data this week.
The US dollar has held its ground despite a softer-than-expected June jobs report released last Thursday, which failed to inflict significant damage on the greenback.
This week, the currency is expected to stay relatively supported. Key support comes from the Federal Reserve's FOMC minutes due Wednesday, which are anticipated to maintain a hawkish tone. Additionally, the US economic calendar is light, with no major market-moving data releases likely to shift sentiment.
Source: FXStreet Forex News