Title: Dollar Dependent on U.S. Central Bank Decisions

On Monday, the dollar turned to rise, recording a slight increase, but its trading remained within a narrow range as investors exercised caution ahead of important monetary policy decisions this week from several central banks, most notably the Federal Reserve (U.S. Central Bank). There are expectations that it will keep interest rates unchanged for the first time since January 2022. Meetings related to monetary policy held by central banks in the U.S., Europe, and Japan are set to determine the market direction this week as markets seek clues from policymakers regarding the upcoming trajectory of interest rates. Additionally, U.S. inflation data for May is expected to be released tomorrow, Tuesday, coinciding with a two-day meeting of the Federal Reserve.