US Dollar gathers strength to start the week following Friday’s decisive rebound.
Markets expect the Federal Reserve to raise its policy rate again in May.
EUR/USD needs to hold above 1.0900 to keep buyers interested.
The US Dollar (USD) started the new week on a bullish note after having registered strong gains against its major rivals ahead of the weekend. The latest macroeconomic data releases from the United States (US) and hawkish comments from Federal Reserve (Fed) officials help the USD keep its footing.
The US Dollar Index, which tracks the USD performance against a basket of six major currencies, extends its recovery toward 102.00 following a more-than-0.5% increase seen on Friday.
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