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Dollar Holds Steady Ahead of Retail Sales; Pound Dips on Brexit Jitters By Investing.com

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Investing.com – The U.S. dollar was little changed in early European hours on Monday, as investors looked ahead to the latest

The measures taken against the greenback's strength against a basket of six major currencies, held steady at 97.29 by 4:30 AM ET (08:30 GMT). The index rose to 97.66 last Thursday, its best level since Dec. 14 last year.

Against the, the dollar was a tad higher at 111.25, bouncing off the prior session's one-week low of 1


job growth almost stalled in February, with the world's top economy creating a measly job.

But traders found some hope in figures showing the U.S.

The Commerce Department wants release data on January at 8:30 AM ET (12:30 GMT).

Elsewhere, the was down 0.1%

British Prime Minister Jeremy Hunt said on Sunday Brexit could be reversed if lawmakers reject the government's exit deal.

19659004] Prime Minister Theresa May is likely to face heavy defeat at a parliamentary vote on Tuesday. Brexit plan.

May's government is scrambling – so far unsuccessfully – to secure last-minute changes to EU exit treaty ahead of the vote, which comes less than three weeks before the UK

Masafumi Yamamoto, chief currency strategist at Mizuho Securities, is said to have reduced the size of the bank near-term events, such as the parliamentary vote.

"These days, the UK inflation data is not as strong as before," he said. "The rate-hike expectation after the no-deal Brexit is fading away."

Meanwhile, the was a shade higher at $ 1.1245. The single currency had fallen to its weakest level since late June 2017 on Thursday, hurt by dovish signals from the European Central Bank (ECB).

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