(RTTNews) - The US dollar erased previous session's losses against major currencies ahead of the North American session on Monday.
The dollar is presently trading at 0.8980 against the Swiss franc and 1.3772 against the euro, up from fresh multi-week lows of 0.8884 and 1.3916, respectively hit at the beginning of the European session.
The greenback that reached as low as 1.5850 against the pound around 4:10 am ET reversed direction shortly. The cable is presently quoted at 1.5735.