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00:00 New Zealand Bank holiday
The Bloomberg Dollar Spot Index, which tracks the U.S. currency against 10 major peers, was little changed at 1,180.62, after sliding 0.4 percent last week as orders of durable goods, manufacturing, and new home sales all came in weaker-than-projected.
Federal Reserve officials will decide on monetary policy on April 29, the same day a report is projected to show economic growth slowed. The Federal Open Market Committee was split at its meeting in March on when to begin raising rates, which have been held in a range of zero to 0.25 percent since 2008 to support the economy.
Japan's currency is set to resume its descent in the coming months as the BOJ will probably add to stimulus as early as July, said Ray Attrill, global co-head of currency strategy at National Australia Bank Ltd. in Sydney. Twenty-two of 34 economists in a Bloomberg survey conducted March 31 to April 3 forecast the BOJ will expand easing by the end of October. Three estimate the central bank will make a move on April 30.
EUR / USD: during the Asian session, the pair was trading around $1.0860
GBP / USD: during the Asian session the pair traded in the range of $1.5160-85
USD / JPY: during the Asian session the pair traded in the range of Y119.00
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