Zurich: The dollar was softer on Monday and trading near its lowest level in four months against major currencies as concerns over a global trade war troubled investors, lifting safe havens the yen and the Swiss franc.

According to Qatar News Agency, the US dollar index, which measures the currency against six major peers, eased 0.1% to 103.59. The dollar fell more than 3% last week against major rivals. The yen was 0.5% firmer at 147.27 per dollar, while the Swiss franc hit a three-month high of $0.87665 in early trading.

The euro was 0.3% higher at $1.086725 after clocking its best weekly performance since 2009 last week. In other currencies, sterling rose 0.16% to $1.2941, while the Australian dollar was 0.14% higher at $0.6315. The New Zealand dollar last bought $0.57225.