MIAMI (AP) — The U.S. National Hurricane Center says Fiona is holding as a tropical depression in the Atlantic.

The depression’s maximum sustained winds Monday are near 35 mph (55 kph). Little change in strength is expected during the next two days, but forecasters say it could become a remnant low in the next day or two.

Fiona is centered about 540 miles (870 kilometers) southeast of Bermuda and is moving west-northwest at 17 mph (28 kph).

Meanwhile, another depression has formed far over the Atlantic. That system was expected to strengthen, and it could become a tropical storm as early as Monday night. It could become a hurricane later in the week. However, it will remain well out to sea even by the weekend.