By Gina Lee

Investing.com – The dollar was down on Monday morning in Asia. Investors await central bank meetings in places like Australia, UK and Europe.

That tracks the greenback relative to other currencies fell 0.11% by 10:00 PM ET (3:41 GMT)

Analysts predict that by 2022, at least four will exist. There are 67% odds of five.

Analysts said that the USD “smiled” again, drawing from a combination rate repricing as well as much weaker risk-sensitivity. Barclays (LON.) According to Reuters

It was up 0.2% to 115.54

It was 0.3% higher at 0.7011. Analysts are awaiting Tuesday’s meeting to discuss the possibility of an announcement regarding its end to quantitative easing.

Meanwhile, the central bank’s governor will speak on Wednesday and a statement on will be released on Friday.

Analysts at Westpac told Reuters that the week would “go far” to determine the psychological market environment for the next few month. “That QE will cease will not be a surprise, so the real focus is on the RBA’s shifting economic view and its implications for the (benchmark) cash rate.”

It rose by 0.4% to 0.6564

Both remain at 6.3610. Data released on Sunday showed that China’s January (PMI) was 50.1, and was 51.1.

They climbed 0.6% to 1.3412. This meeting will be held on Thursday. The BOE is expected to increase its interest rate by a further two months, according to investors. The country’s inflation surged to its highest point in nearly 30 years and the central bank phased out some stimulus policies in place since the start of the COVID-19 pandemic.

The European Central Bank (ECB), however, will hold a meeting Thursday. Analysts do not anticipate any changes in policy.