The U.S. dollar rose against a basket of major currencies on Monday on reduced concerns over Russia and Ukraine and positive U.S. housing data.
Tensions between Russia and Ukraine were viewed as less heated following talks among Russia, Germany, France and Ukraine on Sunday. Russia said all objections to it sending a humanitarian convoy to Ukraine had been resolved, but no progress was made toward a ceasefire between government and rebel forces in the east of the country.
The dollar sold off on Friday against the yen and Swiss franc on risk aversion after Ukraine's president said artillery had destroyed part of a Russian armored column that had crossed into Ukraine during the night. The yen and Swiss franc tend to benefit in times of global tension because of their deep liquidity.
Data showing U.S. home builder sentiment rose in August to its highest since January as labor market conditions improved also supported the dollar. The NAHB/Wells Fargo Housing Market index rose to 55 in August from 53 in July, the group said. It was the third straight monthly gain and topped the mean estimate of analysts polled by Reuters for a reading of 53.