The dollar traded near its lowest level in five months against major currencies on Monday, affected by fluctuations in President Donald Trump's trade policies and a series of weak economic data.
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Regarding the Dollar Index, which measures the performance of the U.S. currency against a basket of currencies, it showed little change at 103.71, close to its five-month low of 103.21.
On the other hand, the euro approached its highest level in five months after German parties reached an agreement on Friday for a financial plan aimed at boosting defense spending and stimulating growth in Europe's largest economy, according to Bloomberg News.
Meanwhile, the Chinese yuan rose to its highest level in four months, reaching 7.2400 yuan per dollar.
The British pound remained stable at 1.2927 dollars, amid expectations that the Bank of England will keep its monetary policy unchanged this Thursday.
--(Petra)
