NEW YORK, Nov 6 Reuters The U.S. dollar fell to an almost eightweek low against the euro on Monday on growing confidence that the Federal Reserve is done hiking interest rates, while comments from multiple U.S. central bank officials this week will be watched for further signals on rate policy.

Fed Chairman Jerome Powell is due to speak on Wednesday and Thursday, where the focus will be on whether he maintains the more dovish tone he struck after the Feds twoday meeting last week.

Comments from other Fed officials will also be evaluated for signs on whether they expect further rate increases.

Even though last weeks statement was unanimous, I do suspect that Powells view isnt very widely shared, so I suspect we will start to see a divergence between the doves and the hawks on the FOMC, said Bipan Rai, North American head of FX strategy at CIBC Capital Markets in Toronto, referring to the Fed39;s policysetting Federal Open Market Committee.

Weaker than expected jobs growth in October released on Friday added to expectations of a slowing U.S. economy, which would support the Fed continuing to hold rates steady. The next major driver for markets will likely be next weeks consumer price inflation data for October.

Next weeks CPI print is going to be the best adjudicator we have on whether or not the Fed needs to hike rates again, said Rai.

If we do get a weak print … then the focus shifts toward how much easing is being priced in for next year. If not, if we still…