Inflationary fears are growing in the market with the U.S. Senate giving the green light to a giant stimulus package. After US employment, the dollar is at its highest level against the euro. 

The dollar hit a three-month high against several other currencies on Monday. Around 19:50 GMT (20:50 in Paris), the dollar gained 0.50% against the euro, to 1.1855 dollars to the euro, after rising to 1.1915 dollars, a high since the end of November.
The dollar index, which compares the greenback to other major currencies, was also trading at its highest in just over three months.
" The prospect of a sudden rise in inflation scares off investors, who sell bonds ," which raises bond market rates and makes the dollar more attractive, says Ricardo Evangelista, an analyst at ActivTrades.
In addition, the US Central Bank (Fed) could be forced to act to counter inflation by tightening monetary policy, which would benefit the dollar.