The dollar fell 0.15% to 137.725 yen at the start of the week’s trading, after snapping a six-day winning streak on Friday, pulling back from a six-month high.
While the euro rose 0.14% to $1.08205, continuing the rise it witnessed on Friday from its lowest level in seven weeks.
Investors are now awaiting a major meeting between US President Joe Biden and Republican House Speaker Kevin McCarthy on Monday to discuss raising the debt ceiling.
Negotiations between the two parties came to an abrupt halt on Friday as Republicans pulled out of the meeting. Although talks eventually resumed, neither side reported progress, which drove the dollar lower.
The dollar index, which measures the performance of the US currency against the six major currencies, saw a slight change to reach 103.07 points, oscillating around the highest level at 103.63 points that it reached the last week, and this level was last recorded on March 20.
Meanwhile, the British pound rose 0.14% to $1.2464, continuing its recovery from the three-week low it recorded last week.
The Aussie dollar was little changed at $0.6652.
As for the New Zealander, it rose 0.16% to $0.62855.
The Chinese yuan fell to 7.0359 against the dollar in offshore trading, back to a six-month low hit Friday at 7.0750.
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