Dollar mixed

The dollar gained against the euro on Monday but dipped against the yen as the market digested a meeting of key finance ministers at the weekend, analysts said.
The yen shrugged off official data showing that Japan, Asia's biggest economy, suffered its worst contraction for almost 35 years in the fourth quarter, shrinking at an annualised pace of 12.7 percent.
In late morning trading, the European single currency slipped to 1.2765 dollars from 1.2856 dollars in New York late on Friday.
Against the Japanese currency, the dollar eased to 91.90 yen from 92.01 yen on Friday.
"This weekend's G7 meeting was long on rhetoric and short on action," said Calyon analyst Mitul Kotecha.
"Although officials appeared keen to show that they meant business there was no new plans or measures announced.
"Concerns about protectionism were expressed as expected but ultimately the language in the communique was relatively benign."