The U.S. dollar gained ground against European major counterparts in early European deals on Monday.
The greenback strengthened to a 1-week high of 1.0012 against the franc, from a low of 0.9924 hit at 5:00 pm ET.
The greenback reversed from its early lows of 1.4226 against the pound and 1.0997 against the euro, rising to 1.4137 and 1.0944,respectively.
The next possible resistance for the greenback is seen around 1.40 against the pound, 1.08 against the euro and 1.02 against the franc.
The material has been provided by InstaForex Company – www.instaforex.com