The euro is trading a little below another five-month high against the dollar as expectations persist that the Federal Reserve will do more to support a flagging U.S. economic recovery.
The 16-nation euro bought $1.3469 in Monday morning European trading after rising as high as $1.3495 earlier in the session.
That topped the $1.3492 it reached on Friday, its highest since late April.
The Fed suggested last week it is ready to make bigger moves to support the U.S. economy. That may include purchases of assets from banks, a move which would depress interest rates in the wider economy and has traders seeking better returns elsewhere.
The British pound is up to $1.5822 from $1.5815. The dollar is down to 84.22 yen from 84.39 yen.
