As positive euro-zone economic data, easing concern over the Dubai debt crisis and rising global equities helped swing investor sentiment in favor of riskier assets so the dollar declined against the euro on Tuesday.
Dollar against Yen
A surprise overnight meeting of the Bank of Japan helped the dollar capture some ground against the yen, but still the greenback hovered around Y87. This is close to its yearly lows against the Japanese unit.
Major Currencies
According to EBS via CQG in morning trading, the euro was at $1.5064 from $1.5015 late Monday. The dollar was recorded at Y87.05 from Y86.45, while the euro was up from Y129.80 to Y131.11. The U.K. pound raised up from $1.6456 to $1.6585. The dollar was at CHF1.0013 from CHF1.0043.
Dollar Index
The Dollar Index rises from 74.788 to 74.547. This index tracks the greenback against a trade-weighted basket of six currencies. .
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