New york: The dollar retreated to its lowest level in a week in early trading on Tuesday after a broad selloff across stocks and government.
According to Qatar News Agency, the dollar index, which measures the greenback's strength against a basket of six currencies, slid 0.1% to 99.004 - its lowest since Jan. 14. The yield on the US 10-year Treasury bond was up 3.0 basis points at 4.2586%.
Against the yen, the dollar was flat at 158.175 yen after Japanese Prime Minister Sanae Takaichi called snap elections for an undisclosed date. Against the Chinese yuan, the dollar was holding steady at 6.9536 yuan.
The Australian dollar was down 0.1% at $0.6710, while the New Zealand dollar slipped 0.1% to $0.5794, edging back from a two-week high. The euro was flat at $1.1640, while the British pound was also steady at $1.3427.