Dollar Gains Before Ukraine Peace Talks, Fed Policy in Focus
The dollar gained on Monday as U.S. President Donald Trump prepared to host talks on ending Russia's war in Ukraine, and traders pared bets on a September rate cut before a speech on Friday by Federal Reserve Chair Jerome Powell.
Trump will meet Ukrainian President Volodymyr Zelenskiy on Monday before holding talks with the leaders of Britain, Germany, France, Italy, Finland, the European Union and NATO, the White House said.
The European leaders were heading to Washington to show solidarity with Ukraine and to press for strong security guarantees in any settlement of the war in Ukraine.
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