The dollar receded on Monday and slipped further away from near 14-year highs as U.S. Treasury yields fell from recent peaks.
After surging for most of the month, the dollar index eased 0.7 percent to 100.77, adding to Friday's losses. It had popped above 102.00 on Thursday, its highest since March 2003.
The greenback underperformed against the safe-haven yen in light of a broader retreat in risk appetite with the Nikkei and crude oil prices also falling.
The buck had fell late last week as forex investors took advantage of a pullback in U.S. bond yields and a holiday-shortened week to consolidate gains.
USD/JPY fell around 1.5 percent to 111.35 following its rise to an 8-month high of 113.900 last week. EUR/USD climbed 1 percent at 1.0685 after stooping to an 8-month trough of 1.0518 on Thursday.
Meanwhile, the Aussie extended Friday's gains and rose almost 1 percent to 0.7493. TheAustralian dollar has benefited from Australia's debt yields tracking the surge in Treasury yields and rose to 11-month highs.
Cable edged up more than half a percentage point to 1.2530 while the New Zealand dollar climbed t0 0.7102.
The safe-haven Swiss franc also gained against the dollar, as USD/CHF fell more than 0.5 percent to 1.0076, its weakest in about a week.
