The US dollar managed to close the trading at the end of last week better than the declining performance in the previous days.
The focus is on the US NFP employment report published in the last session of the week.
Examining the report, the increase in employment in May recorded 139,000 lower compared to the previous month which was revised down to 147,000.
However, the reading was better than the forecast figure of 126,000.
Average hourly earnings recorded a good increase to 0.4% compared to the forecast of 0.3%, while the unemployment rate met the forecast to remain at 4.2%.
The still good US employment sector expects the Federal Reserve (Fed) to wait longer for an interest rate cut.
However, the pressure was renewed by President Donald Trump who once again threatened to fire Fed Chairman Jerome Powell.
Trump informed the media about the decision of the new Fed chairman candidate that he will announce soon.
The candidates linked to replace Powell are former Fed governors Kevin Warsh and Christopher Waller.
The main event earlier this week was a meeting of US and Chinese delegations in London to discuss tariffs.
The tariff tensions between the two countries were seen to have eased for a while after talks between Trump and his counterpart Xi Jinping last week, with China reportedly agreeing to reopen rare earth exports.
The market will be awaiting several important economic data releases this week, with the main focus set to be on US inflation data, which will also guide central banks in setting their monetary policy.
