The U.S. dollar recovered from its early lows against its major counterparts in early European deals on Monday. The greenback bounced off to 1.1921 against the euro, 0.9619 against the franc and 1.3552 against the pound, from its early lows of 1.1956, 0.9594 and 1.3618, respectively. The greenback hit 111.41 against the yen, its strongest since July 27. If the greenback rises further, it may find resistance around 112.00 against the yen, 0.97 against the franc, 1.18 against the euro and 1.34 against the pound.

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