The dollar edged higher on Monday, cementing its best monthly performance since the beginning of the year as investors braced for a long awaited interest-rate increase by the Federal Reserve, which many expect to be delivered in December.The ICE dollar index DXY, -0.22% was up 0.2% on the day to 100.16 late Monday in New York. It rose as high as 100.31 earlier in the session, its highest level since March.
The pound traded at $1.5059 Monday, compared with $1.5032 late Friday.
The yen shed 2% of its value in November, driven lower by comments from Fed policy makers. One dollar USDJPY, -0.27% bought ¥123.08 Monday, compared with ¥122.76 late Friday.
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