Shares were generally flat on Monday in thin trading ahead of the U.S. Thanksgiving holiday later in the week and in the absence of major data releases that could give markets direction, while the dollar slipped against major currencies. The dollar index bottomed out at 103.53, its weakest level since the start of September, as investors appeared to solidify bets that U.S. interest rates have peaked and that the Federal Reserve could start cutting rates next year. Asian stock markets earlier in the day were livelier as Japanese shares hit highs not seen since 1990, thanks to strong earnings and offshore demand which fuelled a three-week winning streak.