A wavering dollar teetered near multi-month lows on Monday in a market unsettled by the U.S. Treasury's promise to buy back more long bonds, while traders awaited details of sanctions on Iran and on policy speeches this week in the U.S. and Japan.
The Canadian dollar slipped 0.2% in early trade, to C$1.3798 per dollar, after trade talks with the U.S. collapsed and Washington imposed 50% tariffs on Canadian goods, with Canada retaliating in kind.