With America's economy spending the first half of the week on the back burner, underlying bullish sentiment has helped the U.S. currency drift higher. And when the news trickles in on existing home sales on Wednesday and durable goods Friday, it's forecast to be better.
Signs of the U.S. economy emerging from a winter frost would be supportive of a Federal Reserve rate hike, the main pillar that's driven the dollar's yearlong rally.