The dollar eased away from a three-month peak hit last week early on Monday, as the euro licked its wounds following last week’s debacle as the European Central Bank and unrest in Spain's Catalonia led it to post its worst week this year.
The dollar index, a gauge of the strength greenback against a basket of six major rivals, slipped more than 0.2 percent to 94.545 but stayed close to Friday's three-month high of 95.150.
EUR/USD bounced slightly higher to 1.1636, after plunging a three-month low of 1.1574 on Friday, and losing 1.6 percent for the week, its worst performance in 11 months. USD/JPY trades around 113.60 at the time of writing.
On Saturday, sacked Catalonian president Carles Puigdemont called for peaceful "democratic opposition" to the central government's takeover of the region following its unilateral declaration of independence from Spain.
Spain’s central government moved to sack Catalonia's regional government leader on Friday, following Catalonia’s declaration for independence from Spain. Madrid also dissolved the Catalan parliament and called for fresh regional elections. Spain's IBEX was up 1.5 percent in early morning trade.
Oil markets were steady on Monday, with Brent remaining above $60 a barrel on expectations an OPEC-led production cut due to expire in March would be extended.
