The U.S. dollar traded weak on Tuesday as treasury yields dropped and traders looked ahead to the minutes of the Federal Reserve's July meeting, and Jerome Powell's speech at the symposium in Jackson Hole later this week.
The dollar index eased to 98.12, edging down gradually after advancing to 98.45 in early trades. It was last seen hovering around 98.15, down 0.2% from previous close.
Against the euro, the dollar weakened to 1.1109 before edging up a bit to 1.1101, still down nearly 0.2%.
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Forex News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.