US dollar holds near one-week high against major currencies
The US dollar index remained steady near its highest level in a week, while major currencies showed mixed performance on Tuesday.
Key Takeaways
AIThe US dollar held steady on Tuesday near its highest level in a week, with the dollar index trading at 100.96, the strongest since July 15, according to financial market data.
The dollar maintained its position against the Japanese yen at 162.50 yen, while the euro was little changed at $1.1415. The British pound also remained stable at $1.3434.
In contrast, the New Zealand dollar rose 0.4% to $0.5860, its highest since early June, while the Australian dollar edged up slightly to $0.7001.
The Canadian dollar stabilized after falling to a one-month low, following the United States' announcement of new 50% tariffs on a wide range of Canadian products.
