The dollar retreated against major currencies before a moderate

The dollar’s decline against a basket of major currencies on Monday as investors ‘ anticipation of the Federal Reserve Board Chair Janet moderated before Congress later this week.

The EUR/USD rose by 0.18% to trade at 1.3631, up from 1.3606 late on Friday.

Investors also awaited new indicators about the future direction of monetary policy after a monetary policy meeting minutes for June last week who was not only a little information on when to start raising interest rates.

Euro gains remained in check, such as a European Central Bank Chief Mario Draghi on monetary policy later in the day. The cyclists will speak at a hearing before the Committee on economic and Monetary Affairs of the European Parliament later Monday.

GBP/USD rose by 0.15% to score 1.7131.

Elsewhere, the dollar rose slightly against the yen, with the dollar/Yen rate 0.11% to 101.46. The euro also rose against the yen with the Euro/Yen rate 0.29% to 138.28, recovery from lows last Thursday in five months when 137.48