The euro plumbed a two-year low versus the greenback early on Monday, while high-beta currencies like the Australian dollar nursed losses with markets still smarting after tepid U.S. jobs growth dealt a blow to risk sentiment late last week.
Traders said investors were now waiting warily for this week's deluge of Chinese data, starting with June consumer inflation at 0130 GMT. Any disappointment could further sting risk assets.
The single currency traded as low as $1.2225 first thing this morning in thin trade as stops were triggered, bringing into view the 2010 trough around $1.1876.
It has since bounced back to $1.2269, slightly above Friday's low around $1.2260 set after the closely watched U.S. jobs data showed payrolls grew by a smaller-than-expected 80,000 in June.
Against the yen, the euro touched a one-month low at 97.50 , before edging back to 97.70.
Commodity currencies were also hit, although they escaped with relatively modest losses. The Aussie dollar was at $1.0195, having fallen 0.8 percent on Friday.
QE market cap rises to QR559.48bn
Qatari stocks marginally gained last week with the main index of the bourse looking up 97.13 points, or 0.93 percent, to 10,486.23 yesterday which was the last trading day of the week.