The dollar dropped against the yen and euro before recovering some ground in erratic Asian trading Monday as some traders cut their dollar holdings in the wake of U.S. economic data released before the weekend. The dollar fell to a session low of 113.75 yen on the Tokyo foreign exchange market Monday before bouncing back to 114.21 yen at 4 p.m. That's down 0.30 yen from late Friday in Tokyo, but above the 113.96 yen it bought in New York later that day. The euro rose as high as $1.2122 before slipping back $1.2075, still higher than $1.2015 late Friday in Tokyo. The dollar's slide came as interbank dealers and U.S. hedge funds sold the dollar following a batch of disappointing U.S. figures Friday. The U.S. core consumer price index for September rose just 0.1 percent, while September retail sales grew 0.2 percent, and industrial production fell a worse-than-expected 1.3 percent. "The U.S. data provided no reason to continue buying the U.S. currency, so that has forced the market to dissolve dollar-long positions," said Takeshi Iba, head of Tokyo foreign exchange at Calyon Bank. The dollar was mixed against other Asian currencies, climbing to 33.481 Taiwan dollars from 33.406 on Friday, while slipping to 55.80 Philippine pesos from 55.84. The dollar also rose to 1.6887 Singapore dollars from 1.6877.