(RTTNews) - The US dollar erased its Asian session's losses against the major currencies of Europe in early deals on Monday.
The greenback rose to 1.5693 against the pound, up by more than 25-pips from its recent low of 1.5719. On the upside, the US dollar may find target around the 1.5680 level in the near-term.
The dollar also reached 1.2321 against the euro and 0.9754 against the Swiss franc, up from previous session's lows of 1.2370 and 0.9713, respectively.
If the greenback gains further, likely resistance levels are seen at 1.2290 against the common currency and 0.9775 against the Switzerland unit.
