The U.S. dollar kept rising for the fourth day against the euro before the release of U.S. Unemployment Claims, which is forecast to have decreased, today at 1:30 p.m. GMT.

The U.S. currency, however, is still set for monthly declines against most major peers as the Federal Reserve decision to continue its $85-billion bond-buying programme released yesterday underlines the toll the partial government shutdown earlier this month took on the economy.

The dollar inched up 0.2 percent to $1.3709 yesterday, after having gained 0.5 percent in the previous three sessions. Overall for the month, the greenback was set for a 1.3 percent fall against the euro.

Whether the signs of recovery can hold up in these turbulent times will be revealed in the first-time applications for jobless benefits which is expected to have decreased to 341,000 in the week ended 26th October from 350,000 the week before.