• The dollar slowly ceded ground in Asia on Monday with greenback bulls still nursing grudges after the Federal Reserve's rate guidance last week proved to be less "hawkish" than many had wagered on.
A holiday in Japan made for thin trading, leaving the dollar a fraction softer near two-week lows at 112.54 yen JPY=. That was a long way from the March top of 115.51 and biased risks to a re-test of the February lows around 111.59/69.
Against a basket of currencies, the dollar was 0.16 percent softer at 100.140 .DXY, having matched a five-week trough set last week in the wake of the Fed's rate hike.
• Oil prices fell on Monday, with already-bloated markets pressured by rising U.S. drilling activity and steady supplies from OPEC countries despite touted production cuts.
Prices for benchmark Brent crude futures were 35 cents, or 0.68 percent, below their last settlement at 0646 GMT, at $51.41 per barrel.
U.S. West Texas Intermediate (WTI) crude futures were down 46 cents, or 0.94 percent, at $48.32 a barrel.
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