The dollar edged up, thanks mainly to a retreat in the euro as European policymakers voiced some concerns that the single currency's surge is approaching levels that would damage the euro zone's recovery. Eurogroup Chairman Jean-Claude Juncker said he was concerned about a continuous euro rise.
The U.S. currency's gains helped nudge gold and oil prices lower, though activity was limited as investors focused on what the next batch of quarterly earnings will say about how companies are managing the recovery from the deepest global recession in decades.
Some 135 of the companies in the S&P 500 will report quarterly results this week, with the battered financial sector expected to post the highest growth rate, according to Thomson Reuters data. Read More...