U.S. dollar declines amid signs of trade progress

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NEW YORK, Dec. 31 (Xinhua) -- The U.S. dollar weakened on Monday as its safe-haven allure diminished amid signs of trade progress between Washington and its major trading partners.

The dollar index, which measures the greenback against six major peers, fell 0.27 percent at 96.1320 in late trading.

In late New York trading, the euro increased to 1.1454 U.S. dollars from 1.1442 dollars in the previous session, and the British pound was up to 1.2754 dollars from 1.2691 dollars in the previous session. The Australian dollar was unchanged at close to 0.7046 dollar from 0.7046 dollar.

The U.S. dollar bought 109.60 Japanese yen, lower than 110.38 Japanese yen of the previous session. The U.S. dollar fell to 0.9829 Swiss franc from 0.9856 Swiss franc, and it was unchanged at close to 1.3638 Canadian dollars from 1.3638 Canadian dollars. Enditem

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