The dollar was virtually flat Monday.
The US dollar index was little changed at 93.19 at 8:29 a.m. ET.
“The majors are tracking fairly close to recent ranges, but the one-two punch of the Fed minutes and inflation miss should reinforce USD downside over the coming weeks,” Mark McCormick, North American Head of FX Strategy at TD Securities, said in emailed commentary.
“[W]e look to fade DXY rallies towards 93.50 and look for a re-test of the lows near 91.00,” he added.
