U.S. dollar slips ahead of Fed meeting

NEW YORK, July 25 (Xinhua) -- The U.S. dollar weakened in late trading on Monday as market participants awaited a key meeting of the Federal Reserve.

The dollar index, which measures the greenback against six major peers, fell 0.23 percent to 106.4840.

In late New York trading, the euro increased to 1.0223 U.S. dollars from 1.0198 dollars in the previous session, and the British pound rose to 1.2048 dolla