Reuters

The U.S. dollar weakened on Monday, weighed down by tepid inflation data from Friday’s jobs report, while safe-haven currencies the Japanese yen and Swiss franc gained after an explosion rocked one of New York’s busiest commuter hubs.

Oil prices edged higher on Monday, reversing earlier losses, after an explosion in New York refocused the market on the geopolitical risk.

Oil prices edged lower on Monday as rising U.S. drilling activity pointed to a further increase in American production, countering OPEC-led output cuts.

A weaker pound, buoyant overnight Asian shares and growing confidence in the financial sector helped pushed British shares higher and slightly ahead of their European peers on Monday.

The dollar probed four-week highs against the yen on Monday, underpinned by expectations of higher U.S. interest rates, while bitcoin seized the spotlight as futures of the cryptocurrency began trading.

New Zealand’s government on Monday named pension fund chief Adrian Orr as the new governor of the nation’s central bank, triggering a rally in the local dollar as markets prepared for changes to the monetary policy mandate.

The Canadian dollar weakened slightly against a broadly stronger U.S. counterpart on Friday as data showed U.S. job growth increased at a strong clip in November, adding to the loonie’s sharpest weekly decline since late October.

U.S. job growth increased at a strong clip in November and wages rebounded, painting a portrait of a healthy economy that analysts say does not require the kind of fiscal stimulus that President Donald Trump is proposing.

Bitcoin lost almost a fifth of its value in 10 hours on Friday, having surged more than 40 percent in the preceding 48 hours, sparking fears the market may be heading for a price collapse.

The European Union should be ready to start negotiating details of a post-Brexit transition period with Britain early in the new year, a senior EU official said on Friday, but talks on future trade will take longer.