Dollar steadies as oil eases
The dollar steadied on Friday as oil prices eased on profit-taking after hitting fresh record highs, but the currency stayed in sight of a one-month low against the euro on worries that inflation could lead to a deeper US slowdown.
Oil steadied above $114 a barrel on Monday, pausing from previous session's 5.4 percent decline, despite a rising dollar and diminishing supply concerns as Tropical Storm Fay crossed over land.