LONDON—The U.S. dollar eased on Monday as investors awaited testimony from Federal Reserve Chair Jerome Powell ahead of the February jobs report at the end of the week that will likely influence how much more the U.S. central bank will raise interest rates.
The dollar index, which measures the performance of the U.S. currency against six others, was last down 0.1 percent at 104.53. The index last week clocked a weekly loss for the first time since January.
