The U.S. dollar held steady against major currencies on Monday, supported by hopes U.S. job growth would pick up in the wake of last week's mildly encouraging report on hiring and as tension over Ukraine remained contained.
Meanwhile, the Australian and Canadian dollars lost as much as half a percent against the greenback in the wake of a plunge in exports from China, stoking worries of further weakness in the world's No. 2 economy cutting into global growth.
"Despite some horrendous weather, the U.S. economy was reasonably resolute in February. We might get a strong (payroll) number in March," said Alan Ruskin, global head of G10 currency strategy at Deutsche Bank in New York. "This is a more constructive view on the U.S. economy and the dollar."