The dollar inched up on Monday as investors awaited the U.S. inflation data due later this week, which is expected to show consumer prices rose in October.
In addition, investors will get another update on the health of U.S. consumers from Thursday’s retail sales numbers, which are expected to show an increase from the previous month.
A speech by Federal Reserve Chairman Jerome Powell in Dallas on Wednesday will also generate some focus, as he will likely discuss national and global economic issues, as well as appearances by a handful of other Fed speakers, including Vice Chair Randal Quarles.
The Fed indicated earlier this month that it is still on course to hike interest rates in December.
The U.S. dollar index that tracks the greenback against a basket of other currencies was up 0.1% to 96.87 by 10:36 PM ET (3:36 GMT).
The index has strengthened four weeks in a row, gaining 0.4% last week.
"The dollar index was firm all last week, bouncing back after the mid-term election results. Looking ahead, moves will be driven by the developments around the Italian budget and Brexit politics," said Sim Moh Siong, currency strategist at Bank of Singapore.
Meanwhile, the EUR/USD pair and the GBP/USD pair slipped 0.1% and 0.3% respectively.
Brexit negotiations remained in focus amid reports that the UK and European Union are edging closer to a draft deal.
"Eventually, the EU and May will come to a deal. Both parties want to conclude the deal, but the only risk is whether May will still be Prime Minister. I expect sterling to remain choppy in its recent wide range," added Sim Moh Siong.
The USD/CNY pair inched up 0.1% to 6.9632 as the People's Bank of China (PBOC) set the yuan reference rate at 6.9476 vs Friday's fix of 6.9560.
Elsewhere, the USD/JPY pair was up 0.2% to 114.0.
The AUD/USD pair and the NZD/USD pair were little changed at 0.7228 and 0.6745 respectively.
