The dollar edged higher against a basket of currencies on Monday, Reuters reported. Against a basket of currencies, the dollar bounced a quarter of a percent higher to 89.30 after scoring six consecutive weeks of losses. On a monthly basis it is set to fall 3 percent. Against the yen, the dollar was up 0.3 percent to trade at 108.95 yen, after hitting a low of 108.28 yen on Friday, its lowest level since mid-September. The euro traded at $1.2400, down 0.2 percent and off a three-year peak of $1.2538 touched on Thursday.
