Investing.com - The dollar remained broadly lower against the other major currencies in subdued trade on Monday, after data showed that manufacturing conditions in the New York region contracted for the first time in three months in May, as new orders and shipments turned negative.
USD/JPY was up 0.17% to 108.83.
The Federal Reserve Bank of New York said that its general business conditions index fell to -9.0 this month from 9.6 in April. Analysts had expected the index to decline to 6.5.
The safe-haven yen strengthened earlier, after official data showed that China’s factory output slowed to 6% in April, against expectations of 6.5%.
Investment and retail sales also grew more slowly than expected last month, adding to concerns over a slowdown in the world's second-largest economy.
In Japan, government spokesman Yoshihide Suga on Monday denied weekend media reports that Prime Minister Shinzo Abe has decided to delay a sales tax hike scheduled for next year.
EUR/USD added 0.14% to 1.1329.
The dollar was steady the pound and the Swiss franc, with GBP/USD at 1.4387 and with USD/CHF at 0.9762.
The Australian and New Zealand dollars were higher, with AUD/USD up 0.32% at 0.7296 and with NZD/USD edging up 0.13% to 0.6793.
Elsewhere, USD/CAD slid 0.22% to trade at 1.2911.
The commodity-related loonie found support as oil prices climbing to their highest level since November after Goldman Sachs (NYSE:GS) said the market shifted into deficit in May due to falling production.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.13% at 94.48, still near Friday’s three-week high of 94.84.