The dollar rose to a seven-month high against the euro on Monday after a slew of strong economic data eased worries that the United States would have difficulty financing its gaping current account deficit. Robust U.S. April retail sales and jobs data and a narrower-than-expected external deficit data have led investors to believe the recent rally in the greenback still has legs. "I think it is a continuation of last week's rally. The market is in a mood to buy dollars," said Tania Kostos, currency strategist at RBC Capital Markets. "The key mover today will be the capital inflows data as that is critical for financing current account deficit," Kostos said. "The market is looking at a figure of $70 billion. Anything below $65 billion could see the dollar giving up some of its gains."