The dollar stabilized above recent lows as investors pared back on bearish bets ahead of the return of U.S. economic data.
The dollar lost ground last week as investors considered how the government shutdown increased a headwind on the economy and dampened expectations the Fed would cut back on stimulus this year.
That notion will be put to the test in Tuesday's jobs report. The dollar could be in line for a short covering rally should payrolls prove stronger than expected.
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