Currency analysts said that they did not expect big movements at the end of the week, with a key US jobs report also due next Friday.
The dollar indexwhich measures the performance of the greenback against a basket of six currencies, gain 0.1% to 101,870, while the The dollar was moving away from a nine-month low against the euro and a seven-month low against the pound sterling.
The euro falls 0.1% against the dollar, to 1.08835 dollarswhile the pound loses 0.3% to $1.23735.
The yen rises against the dollar, since the Tokyo inflation data encouraged bets That the Bank of Japan (BOJ) could take a turn in its monetary policy.
The dollar lost 0.3% to 129,900 yen after data showed the inflation of consumer prices in the capital of Japan it accelerated this month until reaching a maximum of almost 42 yearsincreasing pressure on the Bank of Japan to abandon stimulus.
In general, the operators expect the Federal Reserve to raise interest rates by 25 basis points (bp) on Wednesday, a slowdown from December’s 50bp rise. For its part, the ECB has promised to raise its interest rate by half a percentage point the next day.
The bank of england faces the challenge of controlling inflation without harming an economy already in recession. The bank will make his next political decision on Thursdayand an increase of half a point is expected.
Source: Ambito
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