The dollar slipped versus its major rivals on Monday, weighed by recent sour US economic data that tempered expectations of a Federal Reserve interest rate hike this year.

The greenback, which has dropped in four of the last five trading sessions, also fell against the yen, a trend that has been in place for much of this year, with forex investors generally underwhelmed by Japan's recent stimulus measures.

USD/JPY dropped 0.09 percent to 101.21 after shedding 0.6 percent on Friday, when US retail sales and producer prices came in weaker than expected. EUR/USD gained 0.16 percent at 1.1182, having risen 0.2 percent on Friday.

US Treasury yields slid on Friday, with the 10-year yield falling 5 basis points to a two-week low of 1.48 percent. It traded a little higher percent on Monday.

WTI and Brent crude futures rose higher on Monday, at approximately $45.63 and $48.21 per barrel, respectively.

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