Dollar Calm as Debt Ceiling Talks to Resume

Dollar Calm as Debt Ceiling Talks to Resume
U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul on Feb. 7, 2011. Lee Jae-won/Reuters
Reuters
Updated:

LONDON—The dollar was steady against the euro and yen on Monday, as U.S. debt ceiling negotiations were set to resume and after Federal Reserve Chair Jerome Powell indicated he favours a meeting-by-meeting approach when it comes to future policy moves.

The greenback was down 0.1 percent at 137.85 yen to start the week, having snapped a six-day winning streak on Friday, pulling back from a six-month peak.