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The U.S. dollar traded lower against the most major currencies. The greenback remained supported by Friday's labour market data. The U.S. economy added 257,000 jobs in January, exceeding expectations for a rise of 231,000 jobs, after a gain of 329,000 jobs in December. December's figure was revised up from a rise of 252,000 jobs.
The U.S. unemployment rate rose to 5.7% in January from 5.6% in December as the number of job seekers grew. Analysts had expected the unemployment rate to remain unchanged at 5.6%.
The euro traded against the U.S. dollar as concerns over Greece's further bailout policy eased. Greek Prime Minister Alexis Tsipras said on Sunday that the government will renegotiate austerity measures and a bailout programme.
Standard and Poor's has downgraded Greece's rating late Friday.
The Sentix investor confidence index for the Eurozone rose to 12.4 in February from 0.9 in January, exceeding expectations for an increase to 3.4.That was the highest level since February 2006.
The index benefited from a weaker euro and lower oil prices.
Germany's trade surplus widened to €21.8 billion in December from €17.9 billion in November, exceeding expectations for a rise to €18.2 billion. November's figure was revised up from a surplus of €17.7 billion.
The British pound traded higher against the U.S. dollar in the absence of any major economic reports from the U.K.
The Bank of England Governor Mark Carney said in Istanbul on Monday that wage growth just started in the U.K.
The Canadian dollar rose against the U.S. dollar after the better-than-expected Canadian housing starts data. Housing starts in Canada increased to a seasonally adjusted annualized rate of 187,276 units in January from a revised reading of 179,637 units in December. December's figure revised down from 180,560 units. Analysts had expected an increase to 184,000 units.
The New Zealand dollar traded higher against the U.S. dollar. In the overnight trading session, the kiwi increased against the greenback in the absence of any major economic reports from New Zealand.
The Australian dollar traded higher against the U.S. dollar. In the overnight trading session, the Aussie traded lower against the greenback. Job advertisements in Australia increased 1.3% in January, after a 1.8% rise in December.
The Japanese yen traded lower against the U.S. dollar. In the overnight trading session, the yen traded higher against the greenback. Japan's consumer confidence index increased to 39.1 in January from 38.8 in December, missing expectations for a rise to 39.4.
Japan's economy watchers' current conditions index rose to 45.6 in January from 45.2 in December, missing expectations for an increase to 45.7.
Japan's economy watchers' future conditions index climbed to 50.0 in January from 46.7 in December.
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