U.S. dollar mixed amid Fed officials' words

The U.S. dollar traded mixed against other major currencies on Monday as several Federal Reserve officials talked openly about the timing of further interest-rate hikes.

San Francisco Fed President John Williams said on Monday that two-to-three rate hikes this year were reasonable and that the country' s inflation was on track to meet the Fed's goal of 2 percent in the next year or two.

St. Louis Fed President James Bullard echoed on Monday that a relatively tight labor market in the United States may put upward pressure on inflation, supporting the case for higher interest rates.

The policymakers' words came after the release of the central bank's hawkish minutes on Wednesday from its April meeting. Most officials were open to an interest rate hike as early as June, if the economy continues to improve, the minutes said.

In late New York trading, the euro rose to 1.1223 dollars from 1.1219 dollars of the previous session, and the British pound decreased to 1.4482 dollars from 1.4506 dollars. The Australian dollar went down to 0.7224 dollars from 0.7225 dollars.

The dollar bought 109.20 Japanese yen, lower than 110.23 yen of the previous session. The dollar declined to 0.9894 Swiss francs from 0.9908 Swiss francs, and it inched up to 1.3133 Canadian dollars from 1.3129 Canadian dollars. Enditem