Investors are waiting for several U.S. economic data to be released this week and speeches by the President of the European Central Bank and the Federal Reserve Bank. As a result, the U.S. Dollar traded slightly lower against major currencies in early morning trading in Sydney. On June 2, 2008, at 11:00 am (01:00 GMT), the U.S. Dollar traded at 105.27 Yen, compared to 105.50 Yen, while the Euro traded at $1.5557, compared to $1.5552 in late Friday trading in New York.