The dollar firmed today as investors looked to higher US interest rates after a Federal Reserve meeting this week.
The greenback also received support after Iraq's election went ahead without a major hitch.
In a week packed with events, the Fed is expected to raise interest rates for a sixth time since June on Wednesday from their current 2.25 per cent.
Higher rates raise the appeal of dollar deposits and have helped offset a negative impact on the dollar from the huge US twin deficits.
Key US data including employment and manufacturing are also due, while G7 finance ministers and central bankers are scheduled to meet in London on Friday and Saturday.
"This is a significant week for the dollar. The Fed's statement will maintain the 'measured' language but there is a real risk the Fed could raise rates faster, probably 50 basis points in March," said Mr Adam Myers, foreign exchange strategist at Société Générale.
By 8:30 a.m. the dollar was up slightly on the day against the euro at $1.3022, in the middle of recent ranges. Against the yen it was also higher at 103.54.