US Biz
NEW YORK, Feb. 27 (Xinhua) -- The U.S. dollar weakened in late trading on Monday as traders took some profits off the table after the greenback's recent rally.
The dollar index, which measures the greenback against six major peers, fell 0.51 percent to 104.6775.
In late New York trading, the euro rose to 1.0607 U.S. dollars from 1.0551 dollars in the previous session, and the British pound was up to 1.2057 U.S. dollars from 1.1946 dollars in the previous session.
The U.S. dollar bought 136.24 Japanese yen, lower than 136.39 Japanese yen of the previous session. The U.S. dollar was down to 0.9359 Swiss francs from 0.9404 Swiss francs, and it fell to 1.3578 Canadian dollars from 1.3604 Canadian dollars. The U.S. dollar fell to 10.4012 Swedish Kronor from 10.4959 Swedish Kronor.
The U.S. currency had appreciated noticeably lately to reach a seven-week high on Friday, supported by expectations that U.S. interest rates will stay higher for longer.