There is not much data affecting the dollar's movements today, as this week's trading started somewhat stable, after non-farm payroll data on Friday showed an improvement in job growth and a rise in wages in November, but the unemployment rate rose unexpectedly.
These data reinforced market expectations that the Fed will cut interest rates by 25 basis points at the next December 18 meeting.
The market now sees an 85% chance of a 25 basis point interest rate cut next week.
While investors are waiting for US inflation data this week for signals about the next step that the Fed may take.
