LONDONSINGAPORE, Sept 18 Reuters The U.S. dollar hovered near a sixmonth high on Monday as traders looked ahead to interest rate decisions from the Federal Reserve, the Bank of England and the Bank of Japan this week.
The euro was roughly flat against the dollar at 1.0658. Japan39;s yen was little changed at 147.69 to the dollar, with the country39;s traders out for a public holiday.
That put the dollar index , which tracks the currency against six major peers including the euro and the yen, up marginally at 105.32.
The index rose for its ninth straight week last week as the U.S. economy continued to show strength. It touched 104.53 on Thursday, its highest since the middle of March.
In the grand scheme of things we39;re quite positive on the dollar, said Alvin Tan, head of Asia FX strategy at RBC Capital Markets. The U.S. economy is outperforming both Europe and Asia, especially China.
Traders on Monday were looking towards a handful of central bank decisions later in the week which could shake up the currency market.
Investors expect the Federal Reserve to keep interest rates on hold in the 5.25 to 5.5 range on Wednesday.
There39;s a very strong consensus for a pause here, said RBC39;s Tan. But there seems to be an expectation that we could see some hawkishness through the latest dot plot of policymakers39; rate expectations, given how resilient the U.S. economy has been.
Traders then see the Bank of England raising rates by 25 basis points to 5.5 on…