Dollar Recovers and Markets Await the BOE's Governor Carney Speech

• The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was up by 0.03% at 89.06 off a low of 88.253 touched last week, which was the lowest level since December 2014.

EUR
The single currency fell by 0.02% vs. the Greenback as traders are awaiting crucial business surveys later this week that could give the common currency some more direction. No major reports are due from the Euro-zone today.

GBP
Versus the sterling pound, the Greenback rose by 0.11%, to settle at $1.4013. Meanwhile, BoE's Governor Mark Carney will speak today.

JPY
Against the JPY, the USD rose by 0.035, to settle at ¥106.59, but remained down 2.3% this month.

Gold
Earlier today, Gold prices failed to manage its gains and declined, moving away from a three-and-a-half week high as the Greenback backed by Friday's strong U.S. housing sector data. Gold Futures - Apr 18 (GCJ8), fell by 0.46%, to settle at $1,349.90.

Oil
Early on Monday, Oil prices touched its highest levels in two weeks as concerns grew over tensions in the Middle East and as Asian shares joined a global rally in equity markets. Meanwhile, trading is expected to be slower than usual due to market holidays in Greater China as well as in the United States. Crude Oil WTI Futures - Mar 18 (CLH8) rose as much as 0.65%, to settle at $61.95, and Brent Oil Futures - Apr 18 (LCOJ8) was up by 0.34% at $65.06.