The dollar edged lower against major currencies on Monday, Reuters reported. The dollar fell 0.3 percent against a basket of six peers but still held close to its highest levels since early 2003. The Japanese yen rose 0.3 percent to as high as 110.51 per dollar, having earlier fallen to 111.19 yen, its weakest since early June. The euro rose 0.5 percent to $1.0649, with analysts saying the move reflected the abundant political risks facing Europe over the coming year.
