The dollar fell against its major peers on Monday after U.S. President Donald Trump expressed discomfort with the greenback’s strength and global finance leaders ended a weekend meeting with little consensus on how to resolve multiple disputes over U.S. tariff actions. The dollar extended losses after Trump’s CNBC interview saying the Fed’s policy tightening and the strong dollar could hurt the U.S. economy. US stocks reversed much of their gains last week after Trump’s comments, with company earnings not robust enough to brush aside political risks.

Against the yen, the dollar fell for the third day to a low of 110.85 in the Asian session, its weakest level since changing hands at 110.77 yen on July 11. In addition to the dollar fall, the uptrend in yen was also driven by media reporting that the Bank of Japan is actively discussing changes to its policies.

The Euro’s Friday rally has seen the EUR/USD drift into a high, starting the week above 1.1730 levels. Focus of the week is this Thursday’s European Central bank (ECB) rate decision and Draghi presser. The primary reason to expect little to result from this meeting is the fact that the July meeting is one without new Staff Economic Projections. Furthermore, like the Federal Reserve (with its Summary of Economic Projections) or the Bank of England (with its Quarterly Inflation Report), the ECB only makes significant policy shifts at meetings when it has new economic forecasts in hand.

The GBP/USD pairing is drifting towards the high side, testing into 1.3150 after taking out Friday’s highs in early Asia-session trading, despite a bearish knockback to kick the week off as the latest Brexit proposal from the UK sees little traction with EU leaders. Monday is a thinly-populated schedule for economic data, with little of note for both the Sterling and the Greenback, though a speech from the Bank of England’s MPC Member Haldane is expected later in the day at 17:00 GMT.

Oil prices fell on Monday as finance ministers and central bank governors from the G20 warned recent trade and geopolitical tensions could harm global growth. Crude Oil WTI Futures for September delivery fell 0.15% to $68.16 per barrel, while Brent Oil Futures for September delivery also dropped 0.12% to $72.98 for one barrel. Looking ahead, the American Petroleum Institute is set to publish its weekly report on U.S. oil supplies on Tuesday. The U.S. Energy Information Administration’s weekly report on oil stockpiles is due on Wednesday.

Gold prices posted the largest daily gain in three weeks as the US Dollar plunged, boosting the appeal of anti-fiat alternatives epitomized by the yellow metal. The gold price has recovered 1.5 percent from the one-year low of $1,211, boosting the odds of a strong corrective rally, technical charts indicate.