The US dollar fell against most currencies on Monday, amid protests and riot in the US.

President Donald Trump lashed out at some state governors during a video conference today, describing them as weak, and encouraged the governors to dominate the protests, violence and stores looting.

This came after the killing of an African-American citizen at the hands of the local police, which ignited state-wide protests and riots due to the incident's racist origins.

Otherwise, fears eased about the tensions between the US and China after the new Chinese national security law in Hong Kong and the coronavirus origin.

The dollar index fell against a basket of currencies by 0.5% to 97.8 points as of 20:03 GMT, after it hit a high of 98.3 and a low of 97.8.

Oil prices rose today as the US dollar fell, amid speculation about the date of the next OPEC meeting with independent producers.

Sources in the Kremlin revealed that Russia expedite the next OPEC meeting with other independent producers to discuss the latest developments in the global market amid the coronavirus pandemic.

The sources also said that OPEC-Plus will consider extending the output cut agreement beyond June 30, to maybe the end of 2020.

The agreement to cut global output by 9.7 million barrels per day started in May and will formally continue until the end of June.

The dollar index fell against a basket of currencies by 0.5% to 97.8 points as of 17:57 GMT, after it hit a high of 98.3 and a low of 97.8.

As of 17:51 GMT, West Texas Intermediate crude fell 0.8% to $35.2 a barrel, after it hit an intraday high of $35.9 and a low of $34.2.

While Brent rose 0.8% to $38.1 a barrel, with a high of $38.3 and a low of $37.1.

The Institute for Supply Management (ISM) revealed that the US manufacturing activity index was slightly improved during May.

The ISM manufacturing PMI rose to 43.1 points in May from 41.5 points in April.

This came as the US continued its economic reopening measures in all the 50 states after months of closure due to the coronavirus pandemic.

Copper futures rose on Monday, amid expectations for the Chinese government to pump extra fiscal and monetary stimulus.

This came despite the escalating US-China tensions over the new Hong Kong's national security legislation, and Washington's accusations of Beijing mishandling the coronavirus outbreak, which resulted in the global crisis.

Bank of America forecast copper prices will rise 5.4% to $5,621 per tonne in 2020 and will rise to $6,250 next year.

The dollar index fell against a basket of currencies by 0.2% to 98.1 points as of 13:28 GMT, after it hit a high of 98.3 and a low of 97.8.

Copper July futures rose 0.1% to $2.42 per pound as of 13:22 GMT, after hitting a session-high of $2.46 and a low of $2.42.