The U.S. dollar drifted higher against its major rivals in the European session on Tuesday.
The greenback bounced off to 0.9770 against the Swiss franc and 1.1036 against the euro, from its previous lows of 0.9735 and 1.1067, respectively.
The greenback strengthened to a weekly high of 104.81 against yen, off its early low of 104.30.
The greenback rose back to 1.2387 against the pound, from a low of 1.2439 hit at 3:15 am ET.
The greenback may find resistance around 1.09 against the euro, 106.00 against the yen, 1.22 against the pound and 1.01 against the Swiss franc.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.