Doha: The U.S. dollar declined Monday against the euro, Chinese yuan, and Australian dollar amid rising optimism over a potential trade agreement between Washington and Beijing, which dampened demand for the greenback. According to Qatar News Agency, the dollar index slipped 0.11 percent to 98.84 in late trading. The euro rose 0.15 percent to $1.1643. The Chinese yuan strengthened in offshore markets after the People's Bank of China set its official exchange rate higher than expected, fixing it at 7.0881 per dollar - the strongest level since Oct. 15, 2024. The offshore yuan later climbed to 7.1015, its highest in more than a month. The Australian dollar also gained, rising 0.63 percent to $0.6554. China announced Sunday that it had reached a "preliminary consensus" with the United States to resolve trade disputes following bilateral talks in Malaysia.