The dollar fell against the euro and yen, as worries about the state of the US financial market due to earning reports from banks being published this week.
The dollar could also face a more worrying period as a glut of US economic news comes out this week. Traders are anxious to hear speeches from the Philadelphia Fed today and New York Fed and the SEC chairman on Thursday in front of a House Financial Committee.
Key US data out this week includes June’s existing home sales on Thursday and new home sales data on Friday.