The U.S. dollar recovered some of its gains on Tuesday, hovering near a one-week high against major rivals. Bitcoin continued its rally on optimism that U.S. regulators may soon approve Bitcoin exchange-traded funds.
The dollar rose slightly against the yen in early trade in Asia to 147.23, supported by slowing core inflation in Tokyo that put pressure on the Japanese currency. On the other hand, the euro approached a three-week low hit on Monday and was last trading at $1.0840. The dollar index also approached the highest level in more than a week and hit the latest reading of 103.59.
Source (Al-Arabiya.net Website, Edited)
