The euro rose on Monday, while the yen struggled to break away from a near 38-year low.

The euro was last 0.4% higher at $1.0759, around a two-week high.

Against the dollar, sterling rose 0.11% to $1.2659, while the Aussie

Oil prices edged up in early trade on Monday, supported by forecasts of a supply deficit stemming from peak summer fuel consumption and OPEC+ cuts in the third quarter.

Brent crude futures rose 16 cents, or 0.2%, to $85.16 a