Investing.com – The U.S. dollar edged higher in early European trade Tuesday, attempting a comeback after the sharp losses at the end of last week, while the Japanese yen retreated despite more intervention threats.
At 04:35 ET (08:35 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.12% higher at 105.090, after falling as low as 104.52 on Friday, the lowest level for just under a month.
Dollar steadies after Friday’s drop
The dollar has steadied Tuesday currencies, recovering slightly from last week’s losses after softer-than-expected data saw traders once…
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