The dollar edged up on Monday, bouncing back from a more than 1 percent loss against major currencies last week as investors shook off dovish statements from the Federal Reserve.
A slide in sterling on rising 'Brexit' fears also buoyed the dollar.
Monday's move higher in the dollar added to Friday's gains that followed a two-day selloff in the greenback. The rally was prompted by the Fed reducing its rate hike outlook for the year and statements from Chair Janet Yellen that made note of potential risks to the global economy.
"It looks to me like we have dissipated the dollar weakness from the Fed," said Joseph Trevisani, chief market strategist at Worldwide Markets in Woodcliff Lake, New Jersey.