The upward movement was at the expense of the euro, the yen and the Swiss franc.
“There is a lot of event risk on the table this week and the dollar has been underperforming in the last two weeks, so the market is starting to buy back the dollar.”said Joseph Manimbo, senior markets analyst at Western Union Business Solutions.
The dollar index it rose almost 0.2%, to 93.8150 units, after falling to a minimum of one month for operations in Asia, after comments from the chairman of the Federal Reserve, Jerome Powell, who reaffirmed on Friday their plans to reduce bond purchases.
At one point, the index jumped 0.4% on the advance of the yield on 10-year US Treasury bonds. Then the greenback declined, as did the return of the reference papers, which was around 1.63%.
The euro was down 0.3% to $ 1.1610 ahead of the European Central Bank’s meeting on Thursday.
The dollar also registered gains against the Japanese yen, up 0.2%, to 113.50 yen. The Bank of Japan will meet later in the week, but like the ECB, it is not expected to change from its dovish policy stance.
In cryptocurrencies, Bitcoin improved more than 4%, to $ 63,168, somewhat below the highs reached last week, around the $ 67,000.
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