The dollar weakened on Monday, drifting close to its lowest levels in several months against a broad basket of currencies.
The euro climbed past the 1.16 mark, trading at 1.1685 dollars, while sterling held steady at 1.3650. The Japanese yen remained firm at 159 per dollar. The Canadian dollar slipped 0.2% to 1.3798 against the greenback, while the Australian and New Zealand dollars held near three-month highs at 0.7171 and 0.5979 respectively.
The yuan edged close to a three-year high at 6.7222 per dollar, extending a run that saw it post its eighth consecutive week of gains last week.
Against Bitcoin, the dollar recorded its steepest weekly decline in roughly three and a half years on Sunday. It also fell sharply against gold.
