The dollar gained against major rivals in Asian trading Monday, rising on relief over Friday’s agreement to prevent a U.S. government shutdown. The dollar index regained the 75 level to trade at 75.021 Monday, up from 74.892 in North American hours late Friday.
Congressional leaders and the White House on Friday reached a late-hour deal to keep the federal government running and avoid the first shutdown in 15 years.
The euro slipped to $1.4451, from $1.4476 in late North American trading Friday. The Australian dollar also edged down, buying $1.0553, compared with $1.0569 late Friday.
The Aussie has been rising to record highs against the greenback in recent weeks, buoyed by hopes of further gains in commodities. The euro also strengthened recently in anticipation of the Thursday’s interest-rate hike from the European Central Bank.
Obama visits Lincoln Memorial
The dollar look to fight back against those two rivals.There are signs that the market is getting a bit of altitude sickness in the likes of euro and Aussie.
Against the Japanese yen, the dollar was steady at ¥84.83, compared with ¥84.82 late Friday. The British pound traded at $1.6354, down from $1.6386 late Friday.