The dollar index rose on Monday, continuing its gains for four consecutive weeks, after the US government avoided a partial shutdown, and economic data reinforced expectations that the Federal Reserve will keep interest rates high for a longer period.
Manufacturing activity in the United States took another step towards recovery in September, with increased production and employment opportunities, according to a survey by the Institute for Supply Management, which also showed a significant decrease in the prices paid by factories for production inputs.
The US Congress passed a temporary funding bill late on Saturday with overwhelming support from Democrats, trying to avoid the fourth partial shutdown of the federal government in a decade.
The dollar index rose 0.62% to 106.89, while the euro fell 0.7% to 1.0491 dollars.
The Japanese yen fell 0.31% against the dollar to 149.77 after falling to 149.90.
