Investing.com - The dollar slipped lower against the other major currencies on Monday, as investors locked in profits from the greenback's recent rally to nine-year highs.
Trading volumes were expected to remain light this week ahead of the New Year's holiday.
The dollar remained broadly supported after final data last week showed that U.S. gross domestic product rose 5.0% in the third quarter, exceeding expectations for a growth rate of 4.3% and up from 3.9% in the three months to June.
The strong data fuelled further optimism over the strength of the U.S. economic recovery and added to expectations for the Federal Reserve to raise interest rates next year.
The U.S. dollar index, which measures the greenback against a basket of six major currencies, was down 0.20% to 90.13, not far from the nine-year high of 90.38 hit overnight.
EUR/USD rose 0.25% to 1.2211, off two-year lows of 1.2167 hit earlier in the session.
Markets were jittery as Greek Prime Minister Antonis Samaras was set to make a third and final attempt on Monday to get his candidate for president confirmed and avoid an early parliamentary election.
The prime minister received the backing of 168 lawmakers in the second vote on December 23, eight more than in the first presidential ballot on December 17.
After losing the first round, Samaras had asked lawmakers not to disrupt negotiations with creditors and offered to hold a parliamentary election at the end of next year.
The pound edged higher against the dollar, with GBP/USD up 0.15% to 1.5581.
Elsewhere, USD/JPY held steady at 120.37, while the Swiss franc eased off two-year lows, with USD/CHF down 0.19% to 0.9854.
The Australian dollar pulled away from four-and-a-half year lows, with AUD/USD climbing 0.42% at 0.8158, while NZD/USD rose 0.33% to 0.7796 and USD/CAD held steady at 1.1618.