Dollar Steadies Amid Global Growth Concerns

The US dollar remained steady and showed resilience in early Asian trading on Monday amid renewed concerns about global growth following the release of a series of weak economic data.

The US dollar index, which measures the US currency performance against a basket of six major currencies, rose 0.2% to 99.740, snapping a three-day losing streak as both the yen and the euro weakened.

The dollar traded at 153.82 yen, up 0.3% from its levels late last week.

The euro slipped 0.1% to $1.155, while the British pound fell 0.2% on the day to $1.314.

The offshore yuan remained stable at 7.1261 per dollar, unchanged in early Asian trading. Meanwhile, the Australian dollar edged up 0.1% to $0.6502, whereas the New Zealand dollar eased 0.1% to $0.56265