In this photo illustration, one US dollar bills are seen displayed.

The U.S. dollar rose for a fourth straight session on Monday as investors looked to inflation data later this week that is likely to show that price pressures remain elevated in the world's largest economy, keeping the Federal Reserve's aggressive monetary policy on track to continue until next year.

Sterling, on the other hand, fell for a fourth straight trading day even after the Bank of England (BoE) expanded its support for financial markets.