EUR/USD fell in European trade on track for the sixth straight decline to near two-week lows, as the dollar remains a favorite haven currency.
The pair lost 0.1% to 1.0798, after closing down 0.5% on Friday, marking two-week lows at 1.0772.
The pair lost 3% last week, the third weekly loss in a month as dollar remained a magnet for haven seekers amid the global fallout from the Covid 19 pandemic.
The dollar index rose 0.1% on Monday on track for the fourth profit in a row.
On Friday, US data showed payrolls fell by the steepest rate since 2009 in a clear sign of huge collapse in economic activity due to social distancing measures.
The US economy alongside the global economy will enter a deep recession due to the Covid 19 pandemic and global consternation, with the crisis expected to extend for months.