The dollar was around 106.3 on Monday, as traders await the FOMC decision and key economic data including the JOLTS, the payrolls report and the ISM PMIs later in the week for further updates on the strength of the US economy. The greenback is set to end the October month little changed around one-year highs, amid expectations the Fed will keep borrowing costs elevated for some time and as the US economy continues to be much more resilient than other major ones. On Monday however, one of the biggest selling activity was against the Euro after upbeat inflation and GDP figures for Germany lifted the common currency.
