The dollar stood near two-week highs on Monday after decent U.S. economic data was released on Friday, while sterling recovered following last week's big drop.
The euro was little changed below $1.11. With the economic calendar light before the holidays, analysts doubt this week will see significant moves for major currencies.
Data published on Friday showed the U.S. economy, already enjoying a record expansion, appears to have maintained its moderate growth as the year ended, supported by a strong labour market.
The dollar was unchanged against the euro at $1.1085 . Against a basket of currencies, it edged 0.1% lower - its index touching 97.611 - but remained near Friday's peak, the highest since Dec. 6.
The Australian dollar, which is closely linked to sentiment towards China, rose 0.1% to $0.6913. The New Zealand dollar gained 0.2% to $0.6618.
Sterling suffered its worst week in three years last week after Prime Minister Boris Johnson ruled out extending the transition period for Britain to negotiate a trade deal with the European Union.
Source : Reuters