The US dollar traded down against the European currency and the British pound during early deals on Monday. At 2:20 am ET, the dollar touched a 4-day low of 1.3204 against the euro and 1.4687 versus the pound, compared to Thursday's closing value of 1.3170 and 1.4682 respectively. The next downside target level for the greenback is seen around 1.373 against the single currency and 1.498 versus the sterling.

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