The U.S. Dollar traded narrowly against major currencies in early Monday morning trading in Sydney. Financial markets in Japan were closed today due to a public holiday. On May 5, 2008 at 00:45 GMT, the U.S. Dollar traded at 105.40 Yen, compared to 105.39 Yen, while the Euro traded at $1.5447 compared to $1.5424 in late Friday trading in New York.