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Dollar Strengthens Against European Majors

The US dollar erased some of its early Asian session's losses against the major currencies of Europe in late trading on Tuesday.

The greenback is presently quoted at 1.31 against the euro and 0.9175 against the Swiss franc, up from previous lows of 1.3145 and 0.9149, respectively.

The dollar that slipped to a weekly low of 1.5933 against the pound in early Tuesday Asian deals bounced back to as high as 1.5887 around 2:50 am ET.

by RTT Staff Writer

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