New York:The U.S. dollar experienced a decline against major currencies on Monday as investors opted for riskier assets.

According to Wam, the euro saw an increase of 0.64% against the dollar, reaching $1.1213. Additionally, the dollar dropped 0.41% against the Japanese yen, settling at 157.89 yen, while the British pound rose by 0.60% to $1.34290.

The dollar index, an indicator measuring the U.S. currency's performance against a basket of six major currencies, fell by 0.47% to 101.75 points. Furthermore, the Australian dollar advanced by 0.95% to $0.6922, and the New Zealand dollar increased by 1.54% to $0.56301.