Early trade in New York: Euro little changed

The euro fell from the day's high and traded little changed against the dollar on Monday as expectations of a eurozone interest rate hike next month faded. The euro had gained for four straight days, but the gains faded as trading in London wound down and liquidity began to dry up with only New York markets open.
The euro was last little changed at $1.3992, falling from an earlier four-month high of $1.4036 on electronic trading platform EBS. Gains initially accelerated on Monday as stop-loss orders were triggered on the break of $1.4005 and $1.4025, though the rally stalled ahead of an options barrier at $1.4050. More option barriers are said to be placed at $1.41 The dollar fell 0.2 percent against the yen to 82.13 yen.