U.S. dollar declines amid rising geopolitical tensions

The U.S. dollar fell against other major currencies on Monday amid rising geopolitical tensions in the Korean Peninsula.

The latest missile test conducted by the Democratic People's Republic of Korea spurred market demand for safe-haven currencies like Japanese yen on Monday.

The greenback declined against the yen and touched 108.14 during the session, the lowest level since mid-November.

The dollar index, which measures the greenback against six major peers, was down 0.32 percent at 100.190 in late trading.

In late New York trading, the euro rose to 1.0650 dollars from 1.0617 dollars, and the British pound added to 1.2575 dollars from 1.2512 U.S. dollars in the previous session. The Australian dollar climbed to 0.7594 U.S. dollar from 0.7578 U.S. dollar.

The U.S. dollar bought 108.69 Japanese yen, lower than 109.13 yen of the previous session. The U.S. dollar fell to 1.0036 Swiss francs from 1.0052 Swiss francs, and it edged down to 1.3300 Canadian dollars from 1.3304 Canadian dollars. Endit