The dollar reached its highest in three months against a basket of currencies on Monday.
Ray Attrill, global co-head of FX Strategy at National Australia Bank, says the New Zealand dollar could hit 60 U.S. cents, with the country's central bank likely to cut interest rates soon.
The dollar was on track for its biggest weekly gain in two months on Friday as investors bet on the chances of a U.S. interest rate hike.
The dollar index rallied to a seven-week peak, with an easing in jobless claims reinforcing market expectations of a US interest rate hike.
The dollar rose on Wednesday after Federal Chair Yellen reinforced market expectations for a U.S. interest rate hike, possibly as soon as September.
Ed Ponsi, Managing Director at Barchetta Capital Management, believes the common currency will remain in the 1.05-1.13 range against the greenback.
The dollar posted moderate losses against the euro and yen on Tuesday.
Jonathan Cavenagh, Senior FX Strategist at Westpac, says the euro could hit 1.05 or 1.06 per dollar over the next two to three months.
Toby Lawson, Managing Director of Societe Generale Newedge, says foreign investors still feel spooked from Beijing's recent intervention, but he doesn't expect that to last for too long.
Steven Englander, Global Head of G10 FX Strategy at Citibank, says a September rate hike is increasing looking likely now that Greece has received a bailout and China stock markets are stabilizing.
The dollar strengthened across the board on Monday after euro zone leaders clinched a deal with Greece in an all-night summit.
Dominic Schnider, Head of Commodity & APAC Forex at UBS Wealth Management, explains his optimism even as an emergency summit in Brussels continues into Monday.
The euro advanced across the board on optimism Greece was making progress in efforts to secure funding and stay in the euro zone.
The safe-haven yen and Swiss franc fell on Thursday after Chinese stocks rebounded.
The yen rose to a seven-week high against the dollar on Wednesday, as investors bought the Japanese currency for safety.
The euro will dip if Greece leaves the euro zone, but a protracted downtrend is unlikely, FX strategist Jens Nordvig says.
The threat to the euro area from the Greek crisis and an increasing excess supply of the euro liquidity has driven the dollar up 20% against the euro.
The euro fell more than 1 percent against a buoyant U.S. dollar on Tuesday.
The euro slipped against a stronger dollar, falling over 1 percent after the European Central Bank toughened up on Greek banks.
The euro tumbled across the board, but was off its lows, after Greece voted to reject the conditions tied to the country's debt bailout deal.