The dollar fell to more than a six-month trough versus its major rivals on Monday, extending its woes from last week, as an uncertain U.S. political climate continues to weigh on the greenback.

The dollar index, fell more than 0.15 percent to 96.993. It fell to a low of 96.797, its lowest since Nov. 9, earlier in the session.

Political turmoil in Washington has increased concern on the timeliness of Trump's economic stimulus plans and a shortening of the odds on betting markets that he would not see out the term begun in January.

EUR/USD rose to more than six-month high on Monday after Germany's Angela Merkel prefaced a summit of G7 leaders later this week by saying a "too weak" currency was behind her country's massive trade surplus.

Speaking to students at a secondary school in Berlin, Merkel said that Germany's huge export earnings were propelled by two factors over which the government had no influence, namely the euro's exchange rate and oil prices.

The single currency was up 0.23 percent against the dollar to 1.123 after hitting a high of 1.1263, earlier in the session.

Meanwhile, sterling slipped against the dollar after a pair of polls over the weekend showing Prime Minister Theresa May's opinion poll lead falling back into single figures ahead of next month's election.

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