Euro hits highest since December 2014 vs yenEuro rises to 10-day high vs dollarU.S. dollar index hits 10-day lowFocus on BOJ meeting with new governorSweden’s central bank also meeting this week
SINGAPORE, April 24 (Reuters) – The dollar fell to a more than one-week low against major currencies on Monday in generally thin trading, as investors continued to price in interest rate cuts this year by the Federal Reserve after a widely expected rate increase at next week’s policy meeting.
The Japanese currency, on the other hand, also struggled amid remarks from new Bank of Japan governor Kazuo Ueda about the need to maintain monetary easing ahead of a closely watched Bank of Japan meeting on Friday.
Aside from the Fed, the European Central Bank also meets next week and is also expected to lift rates by 25 basis points (bps), with the possibility of a 50-bps hike as well. Euro zone inflation and growth data are…
