The US dollar advanced against a basket of currencies on Monday ahead of a slew of economic data that could test the Federal Reserve’s patience in keeping rates lower.
The dollar index (DXY) advanced 0.4 percent to 97.69.
The dollar moved in tandem with commodities, which declined across the board. Crude oil (WTI) fell 1.1 percent to $48.33 a barrel. Global crude (Brent) declined 1 percent to $55.85 a barrel.
Precious metals were also down in intraday trade. Gold futures fell 1.5 percent to $1,183.10 an ounce. Silver for May delivery tumbled 2.3 percent to $16.67 a barrel.