Dollar steady as investors ponder over global rates, economic outlook


Source: reuters.com reuters.com

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SINGAPORE, June 26 (Reuters) - The dollar held near a one-week high against its major peers on Monday as traders weighed the impact of protracted monetary tightening cycles on the global growth outlook and as worries over a deep downturn in major economies lingered. Investors were also on guard after dramatic weekend events in Russia, though reaction in the currency market was subdued as they assessed the implications of the aborted mutiny. The euro was nursing its losses from last week and was last up 0.07% at $1.0902 in Asia trade. The single currency had fallen to a one-week low...