Asian stocks gained for second day in a row and oil climbed after the military coalition launched air strikes in Libya.
EUR/USD moved higher during the interbank trade and reached a fresh yearly peak at 1.4194 before settling around 1.4170 where the pair has spent most of the Asian session.
The Australian dollar rallied over 60 pips against the Greenback on Monday, breaking above parity and reaching the highest price in 4 days at 1.0020, static resistance area. NZD/USD advanced 0.46% toward the 0.7340 area.
Other majors remained steady: USD/JPY has spent most of the session into a 30-pip range below 81.00, while GBP/USD retreated slightly and currently is trading at 1.6210 after opening around 1.6230. USD/CHF quotes somewhat higher at the 0.9050 region.