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· US data was broadly bullish today, leading the greenback higher versus the British pound and Japanese yen. · Central bank meetings abound - RBA meets tonight, Fed meets tomorrow - both are expected to leave rates steady.

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LONDON (Thomson Financial) - The euro came off day lows against the dollar but with major currencies still holding to recent trading patterns as markets looked to the interest rate decisions this week quiet start.

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Foreign exchange inflow through the Central Bank of Nigeria (CBN), declined to $3.55 billion at the end of May this year, the apex bank has said.

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(Updates with dollar moves)

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(Adds quotes, background, attempts to reach central bank)

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By and large, FOMC announcements are big news to Forex traders. Throw into the mix the sagging worth of the U.S. Dollar and the state of the economy, and you have an event that traders cannot afford to miss!

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KUALA LUMPUR, Aug 4 (Bernama) — The ringgit closed lower against the US dollar Monday on selling pressure as traders took the cue from the weak performance by regional currencies, dealers said.

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This week, a total of four central banks will meet, including the Federal Reserve, Bank of England, European Central Bank, and Reserve Bank of Australia.

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This week, a total of four central banks will meet, including the Federal Reserve, Bank of England, European Central Bank, and Reserve Bank of Australia. However, only a few of these rate decisions have the potential to spark volatility in the forex markets, especially since all of the banks are expected to leave interest rates unchanged.

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Mumbai, Aug 2 Foreign exchange reserves fell by a meagre $504 million, to touch $306.603 billion, during the week ended July 25, according to the Reserve Bank of India’s Weekly Statistical Supplement. This is the second consecutive week that the forex reserves have declined.

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