The greenback hit a peak versus its major pairs on Monday, driving the yen to tough a trough not seen since 1990, following the US retail sales figures for March that accelerated beyond projections.

Retail sales edged up by 0.7% the earlier month and sales for February recovered by 0.9% instead of 0.6% as reported earlier.

According to a poll conducted by Reuters, economists predicted 0.3% raise.

The greenback ticked up as stubborn inflation and ongoing solid growth drive investors to lower their projections about rate cut. It is also quite predicted that the US central bank will lower their cuts steps compared to the ones that took place earlier.

The dollar index that gauges the greenback versus its major pairs added 0.07% at 106.03.

The dollar index that gauges the greenback versus its major pairs added 0.07% at 106.03.

EUR/USD moved little at $1.0643.

GBP/USD advanced by 0.22% to $1.248.

USD/JPY advanced by 0.69% at 154.32.