Euro fell in European trade on track for the third loss in four against dollar as concerns about the Omicron coronavirus fade and risk appetite improves, while Euro is also pressured by weak German data.
EUR/USD fell 0.3% to 1.1274, with an intraday high at 1.1311, after rising 0.1% on Friday, the first profit in three days following disappointing US jobs data.
The dollar index rose 0.2% on Monday for the fourth straight session against a basket of major rivals.
The gains come amid improving risk appetite for investors as concerns about the Omicron variant recede following South African reports that indicate the new variant is mild in its symptoms.
Most of patients with Omicron don't require oxygen for breathing, the rate are considerably better than other variants.
In Germany, factory orders fell 6.9% in October, missing estimates of a 0.2% fall, triggering concerns of slowdown in German recovery.
Oil prices turned lower and pared early gains on Friday, despite the US dollar's slip against most of it peers.
The highly contagious Omicron variant has appeared in more than 20 countries so far, as the US yesterday reported its second case but with mild symptoms so far.
The US Department of Labor reported today that the economy has added 210,000 new jobs in November, missing forecasts of 570,000 new jobs.
The unemployment rate fell to 4.2% from 4.6% in September, better than forecasts of 4.5%.
OPEC Plus decided yesterday to keep production levels unchanged by increasing oil production by 400,000 bpd during January.
The dollar index fell against a basket of major currencies by 0.1% to 96.01 points as of 19:06 GMT, after hitting a high of 96.4 points and a low of 95.9 points.
As of 19:02 GMT, WTI January futures fell 0.6% to $66.07 a barrel.
Brent February futures held at $69.6 a barrel.
Gold prices rose on Friday, as the US dollar fell against most currencies, after the US monthly jobs report.
The US reported yesterday its second case but with mild symptoms so far.
The US Department of Labor reported today that the economy has added 210,000 new jobs in November, missing forecasts of 570,000 new jobs.
The unemployment rate fell to 4.2% from 4.6% in September, better than forecasts of 4.5%.
The Institute for Supply Management (ISM) reported that the US manufacturing PMI grew to 69.1 points in November from 66.7 points, beating forecasts of 64.9 points.
The dollar index fell against a basket of major currencies by 0.1% to 96.01 points as of 19:45 GMT, after hitting a high of 96.4 points and a low of 95.9 points.
Gold spot prices rose 1.2% to $1,784 an ounce as of 19:46 GMT.