Asian session review: the dollar rose against the yen, but declined against the euro

During today's Asian trading, the US dollar rose against the yen and declined against the euro. Investors continue to monitor the fate of the new package of measures to support the US economy.

Speaker of The house of representatives Nancy Pelosi on Friday said that the diagnosis of Donald Trump, who was diagnosed with coronavirus, will affect negotiations on new economic incentives in the United States.

The US President, in turn, over the weekend called on lawmakers to take new measures to support the economy, noting on Twitter that the US needs incentives.

Traders also continue to monitor the health status of the Trump. One of Trump's doctors, Brian Garibaldi, expressed the hope that if the situation is favorable, the patient can be discharged on Monday.

Meanwhile, members of the National Association of business economists (NABE) lowered their forecast for fourth-quarter growth to 4.9% on an annualized basis from the 6.8% forecast in June. In addition, experts now expect that in 2021, US GDP will grow by 3.6% compared to the June forecast of growth of 4.8%.

On Monday, traders are also waiting for the publication of Eurostat data on changes in retail sales in the Euro area in August and OECD data on inflation.

The ICE index, which tracks the dynamics of the US dollar against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona), fell by 0.05%.