The weakening was especially against the Japanese yen As the yen jumped for a fourth session versus the greenback.
The Dollar index traded 0.2% lower to 105.418, a level not seen since July 5.
GBP/USD rose 0.2% to 1.2195 ahead of Thursday's Bank of England meeting, at which expectations are growing that the policymakers will agree to a half-point rate hike to combat soaring inflation.
Gold prices held steady on Monday,
But the gold posted its best week in five months as the U.S. economy technically entered into a recession. And also Benchmark 10-year yields were hovering near a four-month low.
The largest cryptocurrency BTC dropped after reaching 24,658 on Sunday, its highest level since mid-June on Saturday amid optimism that the market may have recovered from its worst levels.
What to watch today:
-PMIs from US and Euro area.
-US ISM manufacturing.
