The dollar index was down 0.1% at 100.69 after three straight days of gains

The dollar pulled back in Asian trading on Monday as investor confidence recovered, snapping a three-day winning streak that ​began after the war in the Middle East escalated last week and lowered ‌risk appetite.

The dollar index was down 0.1% at 100.69 after three straight days of gains against most of its peers.

The euro was up 0.1% ​at $1.1444 ahead of the European Central Bank’s meeting later this week.

Against the yen, the U.S. dollar was flat at 162.335 yen in thin ​liquidity as Japan observed the Marine Day holiday. The Australian dollar jumped 0.2% to $0.6996, while the ​New Zealand dollar gained 0.3% to $0.5858.

Buyers are coming in and supporting some of the riskier currencies, said Fabien Yip, market analyst at IG in Sydney. We’re seeing a bit of a rebound in the riskier currencies like ​the Aussie, while sterling has also strengthened a little bit, she said. It’s not so much ​the dollar weakening, as support for other currencies.

Brent crude futures climbed 2.6% to $90.37 a barrel after Iran and U.S. attacked each other.

Against the yuan, the U.S. dollar was down 0.1% at 6.772 yuan in offshore trade after China kept its benchmark lending rates unchanged for ​a 14th straight month ​on Monday, in line ⁠with market expectations.

Markets continue to anticipate no change to rates at the U.S. central bank’s next meeting on July 29, with Fed funds futures ​pricing an implied 85.6% probability of a hold, compared to a 61.5% ​chance a ⁠month ago, according to the CME Group’s FedWatch tool.

Cleveland Fed President Beth Hammack on Friday added her voice to a growing chorus of policymakers arguing interest rates may need to rise to ⁠beat back persistent ​inflation, setting up a debate at the Fed’s ​next meeting and the possibility of dissents at Chair Kevin Warsh’s second meeting at the helm.