U.S. dollar ticks up

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

The dollar index, which measures the greenback against six major peers, gained 0.19 percent to 100.957 at 15:00 (1900 GMT).

In late New York trading, the euro decreased to 1.1415 dollars from 1.1436 dollars in the previous session, and the British pound was down to 1.3436 dollars from 1.3454 dollars in the previous session.

The U.S. dollar bought 162.50 Japanese yen, higher than 162.45 Japanese yen of the previous session. The U.S. dollar increased to 0.8100 Swiss francs from 0.8075 Swiss francs, and it rose to 1.4059 Canadian dollars from 1.4011 Canadian dollars. The U.S. dollar added to 9.6856 Swedish kronor from 9.6497 Swedish kronor.

British Prime Minister Andy Burnham formed a new cabinet on Monday, appointing former Defense Secretary John Healey as Chancellor of the Exchequer, according to a statement from the his office.

Healey had resigned as defense secretary following disagreements over the previous government's defense spending plans. British media described his appointment as chancellor as unexpected.

Ed Miliband was appointed foreign secretary, while Shabana Mahmood remained home secretary. Louise Haigh was named first secretary of state, chancellor of the Duchy of Lancaster and minister for the Cabinet Office. Yvette Cooper was appointed health secretary, while Pat McFadden remained as work and pensions secretary.

In his inaugural speech outside 10 Downing Street earlier on Monday, Burnham pledged to deliver "the biggest changes in the last 40 years" and introduce "a new political model and a new economic model."

After Keir Starmer resigned as British prime minister on the same day, Burnham, the new leader of the ruling Labor Party, accepted King Charles III's invitation at Buckingham Palace to form a government and officially became the British prime minister.