Ammon News - The dollar was steady on Monday as traders looked ahead to a slew of speeches from Federal Reserve officials throughout the week that could provide further clues on the U.S. rate outlook, after the central bank resumed its easing cycle last week.

Currency moves in the Asia session were more subdued after a volatile ride last week following a raft of rate decisions including that of the Fed, the Bank of England (BoE) and the Bank of Japan (BOJ).

The yen was last 0.2% lower at 148.26 per dollar, paring its gains from Friday after a hawkish shift in the BOJ's rhetoric raised the prospect of a near-term rate hike.

Sterling , meanwhile, fell to a two-week low of $1.3453, pressured by domestic headwinds after a surge in UK public borrowing and a BoE rate decision that laid bare the challenge for policymakers in balancing growth and inflation.

The euro was down 0.15% at $1.1731.

Elsewhere, the Australian dollar rose 0.07% to $0.6595, drawing some support from upbeat economic comments from a top central banker. The New Zealand dollar edged 0.03% higher to $0.5858.

The yuan firmed slightly to last stand at 7.1136 per dollar, underpinned by easing Sino-U.S. trade tensions and China's decision to keep its benchmark lending rates unchanged.

Reuters