The dollar rose against the yen but slipped versus the euro on Monday ahead of several interest rate decisions from several central banks this week.

The dollar was up to 106.66 per yen at 4:47 p.m. in New York from 106.49 late Friday. The dollar fell to $1.4831 per euro from $1.4802. The yen fell to 158.21 per euro, from 157.67. The Australian dollar rose versus the dollar to 90.82 U.S. cents.

Central banks will be focusing on the U.S. economy and the possibilities of a recession. Last week, the U.S. saw non-farm job losses for the first time in more than 4 and a half years and a economic growth measured by gross domestic product rise on 0.6 percent in the latest quarter.

The Reserve Bank of Australia meets tomorrow, where it is expected to raise interest rates for the high yielding Australian dollar by 25 basis points to 7.0 percent.

The Bank of England, meeting Thursday, will likely drop rates by 25 basis points to 5.25 percent. The European Central Bank is expected to keep rates steady at 4 percent.