I forex tips - Currency markets got off to a nondescript start on Monday thanks to an uneventful weekend, but the prospect of further policy easing this week by the European Central Bank is likely to keep the euro on the defensive.
The common currency was just a shade under $1.0600 in early Asian trade, little changed from where it was late last week. It had been as low as $1.0565 a few days ago - a level not see since April - on those easing views.
Against the yen, it was steady near 130.00, but not far from a seven-month trough of 129.67 set on Friday.
Soft inflation readings out of the euro zone on Monday and Tuesday could strengthen expectations for ECB action at the Dec. 3 policy review, but whatever the outcome, an easing appeared to be fully factored in.
Friday also sees the release of the ever-influential US payrolls report and another upbeat report would likely set the seal on the first Fed hike in almost a decade.
The diverging policy pathway between the ECB and Fed has seen the greenback scale a peak not seen since March. The dollar index was around 100.000, near the high of 100.200 set on Friday.
The Reserve Bank of Australia and Bank of Canada will also review their policies this week, but both central banks are expected to stand pat on rates.
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