U.S. dollar mixed amid rate-hike expectations

The U.S. dollar traded against other major currencies on Monday as recent Federal Reserve official's comments bolstered market expectation for a rate-hike later this year.

San Francisco Fed President John Williams said on Friday that "it makes sense to get back to a pace of gradual rate increases, preferably sooner rather than later".

New York Federal Reserve President William Dudley said on Wednesday that he expected the Fed to raise rates by the end of this year, adding that his forecast depends on the economy staying on its current trajectory.

On the economic front, adjusted for seasonal influences, the Markit Flash U.S. Manufacturing Purchasing Managers' Index rebounded from a three-month low of 51.5 in September to 53.2 in October, beating market consensus of 51.2.

The dollar index, which tracks the greenback against six major peers, was up 0.13 percent at 98.821 in late trading, the highest level in nearly nine months.

In late New York trading, the euro rose to 1.0876 dollars from 1.0867 dollars, and the British pound slipped to 1.2215 dollars from 1.2226 dollars. The Australian dollar increased to 0.7601 dollars from 0.7596 dollars.

The dollar bought 104.27 Japanese yen, higher than 103.85 yen in the previous session. The dollar inched down to 0.9942 Swiss francs from 0.9948 Swiss francs, and it climbed to 1.3378 Canadian dollars from 1.3337 Canadian dollars. Endit