The dollar found support after data showed that U.S. industrial production rose by a seasonally adjusted 0.6% last month, above expectations for a 0.4% rise.
The dollar gained ground against the yen, with USD/JPY rising 0.35% to 97.74.
The dollar’s gains were held in check ahead of the Federal Reserve’s upcoming policy meeting later in the week after recent disappointing economic data cemented expectations that the central bank will maintain the current pace of its asset purchase program into the first quarter of next year.
The euro pulled away from Friday’s 23-month highs against the dollar, with EUR/USD sliding 0.21% to 1.3776.
The dollar rose to session highs against the traditional safe haven Swiss franc, with USD/CHF up 0.39% to 0.8960.
The dollar also pushed higher against the pound, with GBP/USD losing 0.15% to trade at 1.6143.
The greenback erased losses against its Australian counterpart, withAUD/USD down 0.19% to 0.9565. The greenback was almost unchanged against the New Zealand and Canadian dollars, with NZD/USD dipping 0.01% to 0.8280 and USD/CAD edging down 0.05% to 1.0446.
The U.S. dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, rose 0.20% to 79.42.
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