The dollar traded slightly higher against the euro Monday, but there was little change against other currencies as investors waited to hear from Federal Reserve Chairman Ben Bernanke and the European Central Bank.
The euro fell to $1.4216 late Monday from $1.4236 late Friday.
The dollar traded within a narrow range against other currencies. The dollar fell to 84.04 Japanese yen from 84.09 yen, and fell to 0.9235 Swiss franc from 0.9237 Swiss franc. The British pound edged up to $1.6125 from $1.6121.
Bernanke is scheduled to give a speech Monday night about financial markets. The Federal Reserve is releasing minutes Tuesday from its meeting last month that could shed more light on its policy stance, which affects the value of the dollar.
The ECB is meeting Thursday. The bank is expected to lift its key interest rate from 1 percent to 1.25 percent because of the threat of inflation from climbing energy and food prices.
Since early March, expectations that rates would rise in Europe has pushed the euro up 2.5 percent against the dollar. The euro has managed to climb despite lingering concerns about another emergency aid package being needed for Portugal and a possible default by Ireland. Ireland and Greece received bailouts last year.
In the U.S., many economists say the Federal Reserve is not likely to bump up its key interest rate from the current range of near zero until the first three months of 2012 at the earliest.
In other trading Monday, the dollar rose to 96.77 Canadian cents from 96.47 Canadian cents.