The dollar strengthened while the euro fell due to concerns about the political outlook in Europe

The yuan hovered near its lowest level in recent months after China released a series of economic data that pointed to an uneven recovery in the world's second-largest economy.

The euro was almost flat at $1.0701, recovering slightly after falling to $1.06678 on Friday, its lowest level since May 1. The currency also recorded its biggest weekly decline since April, falling 0.88 percent last week.

Investors are considering the risk of a budget crisis in the heart of the euro zone as far-right and left-wing parties gain momentum ahead of surprise parliamentary elections in France and put pressure on President Emmanuel Macron's centrist administration.

The dollar index, which measures the greenback against a basket of similar currencies, was little changed at 105.52 after reaching its highest level since May 2 at 105.80 on Friday.

Minneapolis Federal Reserve President Neel Kashkari said on Sunday that it was a "reasonable guess" that the US central bank would cut interest rates once this year and wait until December to do so.

-Hibia

#Binance #BNB #Bitcoin #geleceğihatırla