SINGAPORE: The euro fell 0.1 percent to $1.1225 as trading got under way in Asia. The decline in the single currency, which carries the greatest weight in the dollar index, helped steady the US currency, which traded at 101.83.
The dollar held steady against the yen at 158 after Bank of Japan Governor Kazuo Ueda said core inflation was “very close” to the central bank’s 2 percent target.
The dollar was steady at 6.6842 yuan in offshore trading ahead of China’s third-quarter gross domestic product data.
China’s economy is expected to have accelerated slightly in the period after hitting its lowest level in more than three years.
The Australian dollar rose 0.3 percent to $0.6965, while the New Zealand dollar held steady at $0.5656.
The pound sterling was steady at $1.3329. Oil prices fell as trading resumed in Asia today, with Brent crude futures down 1.7 percent to $108.02 a barrel, after US President Donald Trump exempted Russia from sanctions and tariffs that could increase Russian fuel exports.
According to the CME Group’s FedWatch tool, federal funds futures are pricing in an 84 percent probability that the Federal Reserve will leave interest rates unchanged at its next two-day meeting beginning October 28, little changed from last Friday.
In cryptocurrencies, bitcoin rose 1.4 percent to $82,067.66, while ether climbed 3.0 percent to $2,420.22.