Euro fell in European trade on Monday for another session against dollar off 26-month highs on active profit-taking. 

EUR/USD fell 0.3% to 1.1740, after closing down 0.6% on Friday, the first loss in three days on profit-taking off 26-month highs at 1.1908. 

The pair rose 4.8% in July, the largest monthly profit since September 2010. 

The powerful gains came as Europe launched a historic financial rescue package against the coronavirus pandemic, while the US dollar tumbled. 

The dollar index rose 0.25% on Monday for another session away from two-year lows at 92.55. 

Dollar's recovery comes on haven demand as risks continue to besiege global markets while US-China relations continue to deteriorate. 

Asian stock indices opened the first session of the week and month mixed, with Japan, China and Australia higher, while New Zealand, Hong Kong, and South Korea lost ground. 

Earlier Japanese data showed GDP shrank 0.6% q/q in the second quarter, besting estimates of a 0.7% decline. 

GDP prices rose 0.9% y/y as expected, same as the first quarter, while manufacturing PMI rose to 45.2 from 40.1 in June. 

Japan's finance minister Taro Aso described yen's recent surge as "quick", with the government concerned about the impact of a stronger currency on exports. 

Earlier Australian data showed the manufacturing AIG index up to 53.5 from 51.5 in June, while the inflation MI index rose 0.9% in June, up from 0.6% in June.

Congress will decide on a new rescue package against the coronavirus pandemic, with the World Health Organization reporting 17.7 million cases worldwide with 681,000 dead so far. 

Fitch Ratings cut the credit rating of the US from AAA stable to AAA negative, as the deficit surges and political uncertainty mounts.  

US President Donald Trump will announce new measures related to Chinese tech companies, which might be considered a security risk, days after announcing an upcoming move to ban TikTok in the US. 

Japan's TOPEX rallied 1.31%, while Nikkei 225 climbed 1.91% to 22,123. 

China's CSI 300 rose 0.96%, while Shanghai rallied 1% to 3,343. 

Hong Kong's Hang Seng fell 0.94%, while South Korea's KOSPI shed 0.14% to 2,246. 

New Zealand's NZX 50 fell 0.29%, while Australia's S&P/ASX 200 inched up 0.12% to 5,934. 

Gold futures tilted lower in Asian trade from record highs, while the dollar index climbed from May 2018 lows, ahead of US data, and as Congress decides on a new rescue package against the coronavirus pandemic

As of 03:59 GMT, gold futures due in December shed 0.26% to $1,992 an ounce, while the dollar index inched up to 93.46. 

From the US, manufacturing PMI is expected up to 51.3 in July from 49.8, while construction spending is expected up 1%. 

ISM manufacturing prices are expected up to 52.3 from 51.3. 

Congress will decide on a new rescue package against the coronavirus pandemic, with the World Health Organization reporting 17.7 million cases worldwide with 681,000 dead so far. 

Fitch Ratings cut the credit rating of the US from AAA stable to AAA negative, as the deficit surges and political uncertainty mounts.  

US President Donald Trump will announce new measures related to Chinese tech companies, which might be considered a security risk, days after announcing a move to ban TikTok in the US. 

Recent data showed global gold funds reported an increase of 2.7% in cash flows, adding 104 metric tonnes of gold, or about $5.6 billion in June, with total increases in the first half of 2020 reaching $39.5 billion, a record high on haven demand. 

USD/JPY tilted higher in Asian trade off March 12 lows following earlier data from Japan and ahead of US data. 

As of 05:56 GMT, USD/JPY rose 0.06% to 105.86, with an intraday high at 106.43. 

Earlier Japanese data showed GDP shrank 0.6% q/q in the second quarter, besting estimates of a 0.7% decline. 

GDP prices rose 0.9% y/y as expected, same as the first quarter, while manufacturing PMI rose to 45.2 from 40.1 in June. 

Japan's finance minister Taro Aso described yen's recent surge as "quick", with the government concerned about the impact of a stronger currency on exports. 

From the US, manufacturing PMI is expected up to 51.3 in July from 49.8, while construction spending is expected up 1%. 

ISM manufacturing prices are expected up to 52.3 from 51.3. 

Congress will decide on a new rescue package against the coronavirus pandemic, with the World Health Organization reporting 17.7 million cases worldwide with 681,000 dead so far. 

Fitch Ratings cut the credit rating of the US from AAA stable to AAA negative, as the deficit surges and political uncertainty mounts.