Gloom continued to surround US dollar trading at the start of the week as the market's focus now shifted to the release of US inflation data.
A better reading in the US jobs NFP data last Friday unfortunately failed to provide sustained support for the currency king which initially surged higher in early reaction.
This followed a higher increase in employment by 253,000 in April than expected for an increase of just 181,000.
Meanwhile, the unemployment rate decreased to 3.4% from 3.5% previously and the expected 3.6%. Average hourly earnings in the US increased at an annual rate of 4.4%.
Even so, the revised figure for the March reading showed an increase of only 165,000 from the initial record of 236,000 jobs.
Although a stronger reading was seen in the NFP data, but the market still did not change the expectation that the Federal Reserve (Fed) will stop or 'pause' the increase in interest rates.
Nevertheless, investors will pay attention first to the US inflation data that will be published on Wednesday.
Tracking major currency movements in the Asian session, the euro traded little changed at around 1.1000 against the greenback with the market still assessing last week's European Central Bank (ECB) interest rate decision.
Additionally, the pound traded firmer at a one-year high ahead of the Bank of England (BOE) policy meeting on Thursday and UK economic data on Friday.
On the other hand, the Aussie and New Zealand dollars remained trading higher following a weaker US dollar in the Asian session.
Both currencies are still supported by the Reserve Bank of Australia's (RBA) surprise decision and New Zealand's employment data last week.
The Canadian dollar also extended its strengthening following stronger-than-expected Canadian jobs data in April.
