1st LD Writethru: U.S. dollar declines on weak data

The U.S. dollar dropped against most major currencies on Monday as economic data from the country came out overall negative.

The Federal Reserve reported on Monday that U.S. industrial production decreased 0.2 percent in May after falling 0.5 percent in April, missing market consensus of a 0.2-percent gain.

Meanwhile, the June 2015 Empire State Manufacturing Survey released Monday showed that business conditions worsened slightly for New York manufacturers. The headline general business conditions index fell five points to -2.0, its second negative reading in the past three months.

The dollar index, which measures the greenback against six other major peers, was down 0.23 percent at 94.754 in late trading.

Investors also kept an eye on the Greece debt crisis. The two- day talks in Brussels between representatives of the Greek government and creditors over the prerequisites for the disbursement of further aid to Greece broke up less than an hour on Sunday.

In late New York trading, the euro rose to 1.1292 dollars from 1.1259 dollars in the previous session, and the British pound climbed to 1.5612 dollars from 1.5552 dollars in the previous session. The Australian dollar went up to 0.7765 dollars from 0. 7735 dollars.

The U.S. dollar bought 123.37 Japanese yen, lower than 123.46 yen of the previous session. The U.S. dollar inched up to 0.9285 Swiss francs from 0.9283 Swiss francs, and it decreased to 1.2317 Canadian dollars from 1.2325 Canadian dollars. Endite