U.S. Dollar Subdued

The dollar was subdued in Asia on Tuesday, holding largely around where it began this week after an aimless session overnight with holidays in Japan and Britain crimping activity in markets.

The dollar index was steady at 79.501, having drifted in a very slim 79.433 and 79.527 range on Monday. This stood in sharp contrast to Friday’s volatile session when the index jumped to 79.852 in reaction to upbeat payrolls data, only to then reverse all of that.

The euro stood at $1.3875, having moved in a tight $1.3864-$1.3887 range. Against the yen, the greenback was little changed at 102.15 as was the euro at 141.71.


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