The dollar rose against most world currencies during the early session today after China published data on the growth of 7.3% yoy.
The yen fell for a third day after the Bank of Japan began a two-day meeting, which must decide the direction of the development of monetary policy, as analysts said the bank will launch new incentives to raise inflation to the desired 2%. The yen fell against the dollar by 0.5% to 118.14 yen per dollar and the euro against the Japanese currency climbed 0.3 percent to 136.87 yen per euro.
The euro declined again, after almost certainly the central bank will announce the activation of the quantitative easing policy by buying government bonds. This week will be crucial for the movements of the single currency as investors await the results of Mario Draghi and company after the meeting on Thursday, and Sunday’s elections in Greece, where likely to win anti-European party SYRIZA studies show increase.
The dollar rose against the single currency, noting 1.1585, up 0.3%
Australian dollar fell 0.3 percent to 81.68 cents and New Zealand kiwi fell 0.3 percent to 77.56 dollar cents.