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The dollar rose slightly against the euro and yen on Monday
As investors remained cautious ahead of a number of long-awaited US economic data releases during the government shutdown.
The market reacted mutedly to US President Donald Trump's decision to drop tariffs on more than 200 food products, with some analysts saying the move was not unexpected given the cost-of-living problems the tariffs had caused.
The focus will now shift to various US data releases this week for clues about the state of the world's largest economy, with the closely watched September non-farm payrolls report due on Thursday.
"They're just waiting for the next volatility," said Mark Chandler, senior market analyst at Bannockburn Global Forex. "The key driver is the dollar and US interest rates. People are looking forward to the September jobs data later this week. Markets are generally stable."
Despite signs of further weakness in the U.S. economy in the latest private sector data, investors have reduced their expectations for a Federal Reserve interest rate cut next month, saying the lack of economic data for some time will delay or even prevent further monetary easing.
Markets now expect a 25-basis-point rate cut next month with a 42% probability, down from over 60% earlier this month.
The euro fell 0.32% against the dollar to $1.1582, while the yen declined 0.47% to 155.255 per dollar.
The pound also slipped 0.1% to $1.3161. The safe-haven Swiss franc retreated from a one-month high and was last trading at 0.7957 per dollar, after finding support last week from the sell-off in global stock markets.
