The U.S. dollar traded mixed against other major currencies on Monday as investors continued to digest the country's latest nonfarm payroll report.
U.S. total nonfarm payroll employment increased by 222,000 in June, well above market consensus of 170,000, the Labor Department announced Friday.
The unemployment rate was little changed at 4.4 percent in June. In June, average hourly earnings for all employees on private nonfarm payrolls rose by 4 cents to 26.25 U.S. dollars. Over the year, average hourly earnings have risen by 63 cents, or 2.5 percent.
Meanwhile, investors were also awaiting Federal Reserve Chair Janet Yellen's semi-annual monetary policy testimony before the House Financial Services Committee on Wednesday.
In late New York trading, the euro rose to 1.1408 U.S. dollars from 1.1404 U.S. dollars, and the British pound climbed to 1.2886 U.S. dollars from 1.2882 U.S. dollars in the previous session. The Australian dollar added to 0.7608 U.S. dollar from 0.7601 U.S. dollar. The U.S. dollar bought 114.07 Japanese yen, higher than 114.04 yen of the previous session. The U.S. dollar rose to 0.9652 Swiss franc from 0.9643 Swiss franc, and it edged up to 1.2881 Canadian dollars from 1.2873 Canadian dollars.
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