Dollar Gains, on Track for 2nd Straight Monthly Loss

Dollar Gains, on Track for 2nd Straight Monthly Loss
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:

SINGAPORE—The dollar began the last trading week of the month on a firmer footing, with traders awaiting a slew of central bank policy meetings that could signal how soon the steep increases in interest rates globally might come to an end.

U.S. Federal Reserve policymakers are widely expected to raise rates by another 25 basis points at next week’s Federal Open Market Committee (FOMC) meeting, though the focus will be on the guidance for the future rate path.