The dollar weakened Monday as traders bought back pounds and euros at lower levels following sharp falls in the value of those currencies on Friday.
The euro EURUSD, -0.42% rose off a 12-year low to trade at $1.0853, compared with $1.0844 Friday. The pound GBPUSD, -0.30% traded at $1.5126, compared with $1.5037.
The dollar USDJPY, +0.49% inched higher against the yen, trading at ¥121.14, compared with ¥120.81 Friday.
The ICE U.S. Dollar Index DXY, +0.36% a measure of the buck’s strength against a basket of six rival currencies, was flat at 97.63.
On Nymex Monday, April gasoline RBJ5, +0.02% fell less than a cent to $1.875 a gallon and heating oil for the same month HOJ5, +0.26% shed 2.9 cents to $1.84 a gallon.
April natural gas NGJ15, +0.86% settled at $2.678 per million British thermal units, down 16 cents, or 5.7%. Prices had gained 3.8% last week.
Crude-oil futures settled higher on Monday, with prices finding footing at $50 a barrel after steep declines late last week due to a stronger dollar and rising U.S. oil supplies.
On the New York Mercantile Exchange, crude for delivery in April CLJ5, +0.30% climbed 39 cents, or 0.8%, to settle at $50 a barrel after tallying a decline of 3.8% over the past two trading sessions. Brent crude oil for April delivery LCOJ5, +0.03% on London's ICE Futures exchange fell $1.20, or 2%, to settle at $58.53 a barrel.