The greenback muted on Monday post staging a rally for the fifth week in the row amid solid inflation figures, meanwhile the yen traded close to 150 level.

The dollar index that gauges the greenback versus its major pairs barely moved, inching up by 0.18% the earlier week.

Last Tuesday, it reached 104.97, its highest level since mid-November, when data revealed that U.S. inflation in January was more than anticipated, resulting in investors lowering their expectations for the Federal Reserve to decrease interest rates this year. However, it declined on Thursday when data revealed a decline in retail sales for the previous month.

EUR/USD traded flat at $1.0777, post dipping to the lowest level in three months at $1.0695 the previous week.

GBP/USD edged up 0.1% at $1.2612.

USD/JPY plunged 0.16% on Monday at 149.97.

Japan has continued to maintain its extremely loose monetary policy, which has held it about 6% higher against the yen this year. The result has been a significant difference in the bond rates of the two nations, which has increased the dollar's appeal.