Dollar in narrow range, yen falls as stocks rise – ZAWYA

Dollar in narrow range, yen falls as stocks rise – ZAWYA

Dollar in narrow range, yen falls as stocks rise | ZAWYA MENA Edition HomeMarketsCurrenciesArticleDollar in narrow range, yen falls as stocks rise Economic data may give some spark to dollar, euro    Image used for illustrative purposes. A U.S. Dollar note is seen in this June 22, 2017 illustration photo. TOKYO: The dollar held steady against most currencies on Monday as investors awaited data expected to show the U.S. services sector stopped contracting, in what would give further hope to an economic recovery from the coronavirus pandemic.The euro moved in a narrow range before economic data from Germany and the eurozone that are also forecast to show a sharp rebound in corporate activity and retail sales, which would ease concerns about the economic outlook.The yen drifted lower against most major currencies as gains in Asian share prices encouraged some risk-on trades.The euro moved in a narrow range before economic data from Germany and the eurozone that are also forecast to show a sharp rebound in corporate activity and retail sales, which would ease concerns about the economic outlook.TOKYO: The dollar held steady against most currencies on Monday as investors awaited data expected to show the U.S. services sector stopped contracting,