The greenback edged higher, close to seven-month highs against a basket of currencies as US economic data also backed the case that the US central bank is poised to increase interest rates next month for the first time in nearly a decade.
The dollar's strength undermined dollar-denominated commodities, making them more expensive for holders of other currencies.
Copper continued to suffer, shedding 1.5 per cent to US$4,612.50 a tonne after hitting a 6-1/2-year low of US$4,590 overnight, amid fears of waning demand from China. "It's doom and gloom here, the biggest bears are the Chinese, the general view is that little will improve next year," said a fund source in Shanghai, which is hosting the year's biggest copper industry meeting in Asia this week.
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