The dollar slipped to a more than six-month low against a basket of currencies on Monday, extending its losses from last week, as an uncertain U.S. political climate continues to weigh on the greenback.
The dollar index, which tracks the greenback against a basket of six major rivals, was down 0.15 percent to 96.993. It fell to a low of 96.797, its lowest since Nov. 9, earlier in the session.
"I think it is a continuation of the move we have seen since mid-April," said Omer Esiner, chief market analyst at Commonwealth Foreign Exchange in Washington.
"The dollar's broad declines are driven by the increasingly mixed tone to U.S. economic data, which has led to investors questioning the extent to which the Fed will be raising rates this year. The political climate is also acting as a key headwind for the dollar."