Time Monday: Interest Rates and Reserve Bank

time monday: The euro was at 1.0594-0594, up from 1.0580-0580, and at 118.98-99, up from 118.72-72, according to The Japan Times. In the morning, the dollar hovered around 112.70 following a rise in long-term U.S. interest rates prompted by Federal Reserve Bank of Dallas President Robert Kaplan's remarks calling for an early rate hike in the United States. At 5 p.m., the dollar stood at 112.31-31, up from 112.21-21 at the same time Monday. But the greenback shed its early gains in the afternoon, as the Nikkei 225 average lost steam. A wait-and-see mood prevailed in late Tokyo afternoon trading. A drop in U.S. interest rates in after-hours trading also weighed on the dollar. (news.financializer.com). As reported in the news.