U.S. dollar dips against other major currencies

The U.S. dollar declined against other major currencies on Monday ahead of Federal Reserve Chair Janet Yellen's speech scheduled later in the day.

In late New York trading, the euro rose to 1.0603 dollars from 1.0586 dollars, while the dollar bought 110.89 Japanese yen, lower than 111.29 yen in the previous session. Enditem