The U.S. dollar advanced against most major rivals Tuesday, but dropped against the yen after the Bank of Japan trimmed its purchases in long-dated Japanese government debt.
The ICE U.S. Dollar Index DXY, +0.26% was up 0.2% to 92.575, trading around its highest level since Dec. 28 and on track for a third straight rise. The broader WSJ Dollar Index BUXX, +0.19% edged up 0.2% to 86.07.
Against the Japanese yen USDJPY, -0.42% however, the buck fell, buying ¥112.66, compared with ¥113.09 late Monday in New York.
Its other majors rivals, including the euro, the British pound, the Canadian dollar and Swiss franc, all weakened against the greenback in Tuesday trading.
The euro EURUSD, -0.3844% fell to $1.1929 from $1.1968, while Britain’s pound GBPUSD, -0.3169% dipped to $1.3516 from $1.3568.
Versus the Canadian currency USDCAD, +0.3945% the dollar bought C$1.2455, up from C$1.2420 late Monday. Against the Swiss franc USDCHF, +0.6242% the buck fetched 0.9835 francs versus 0.9772 francs on Monday.
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