Dollar slips against major currencies

The U.S. dollar retreated against major currencies, including the euro and the yen, on Monday, as investors shifted back toward riskier assets.

The euro rose 0.64% against the dollar, reaching $1.1213. The dollar also fell 0.41% against the Japanese yen, settling at 157.89 yen, while the British pound climbed 0.60% to reach $1.34290.

The dollar index, which measures the performance of the U.S. currency against a basket of six major currencies, dropped 0.47% to 101.75 points.

The Australian dollar rose 0.95% to $0.6922, while the New Zealand dollar jumped 1.54% to $0.56301.