The dollar wobbled near an over one-year low against its major peers on Tuesday.
The US dollar index, which measures the greenback against a basket of six currencies, dipped slightly to 99.84 in early Asia trade, after having tumbled to its lowest since April 2022 on Friday.
The index also clocked its worst week of 2023 last week, after data showed US inflation subsided further with consumer prices registering their smallest annual increase in more than two years, taking pressure off the Federal Reserve to continue raising interest rates.
Against the greenback, the euro hit a fresh 17-month high of $1.1256, while sterling gained 0.15% to $1.3094, not far from last weeks top of $1.3144, also its highest since April 2022.
Elsewhere, the Japanese yen rose marginally to 138.66 per dollar, the Australian dollar was last 0.07% higher at $0.6821, while the offshore yuan edged marginally higher to 7.1749 per dollar.
Source: Qatar News Agency