Investing.com - The euro firmed against the dollar Monday as bond yields rise on surge in oil prices.
The euro was up 0.38% at $1.0596 at 07:30 ET, off a high of $1.0615. The dollar index was off 0.25% at 101.36.
The yield on the Bund hit a high of 0.422% as investors took the view higher oil prices will help reflate the euro-zone economy.
The ECB last week prolonged its QE program to the end of next year but reduced the amount of monthly purchases.
That decision caused the euro to fall on perceptions it foreshadowed a tapering of QE.