U.S. dollar ticks down

The U.S. dollar weakened in late trading on Monday.

The dollar index, which measures the greenback against six major peers, fell 0.27 percent to close at 98.862.

In late New York trading, the euro rose to 1.1672 U.S. dollars from 1.1635 dollars in the previous session, and the British pound increased to 1.3466 dollars from the previous 1.3407 dollars.

The U.S. dollar bought 158.14 Japanese yen, up from 157.88 yen in the previous session. It fell to 0.7970 Swiss francs from 0.8010 francs, to 1.3871 Canadian dollars from 1.3910 dollars, and to 9.1693 Swedish kronor from 9.2025 kronor.

U.S. dollar ticks down

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 5 pips to 7.0103 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Chinese yuan strengthens to 7.0103 against USD Tuesday