New York: The US dollar steadied near a five-month trough against the euro and other major peers on Tuesday as investors grappled with the potential economic impact of growing global trade tensions. The dollar index, which measures the currency against six key rivals, was last up 0.13% at 103.59, struggling to make a decisive move away from a five-month low of 103.21 touched last Tuesday.
According to Qatar News Agency, the euro edged lower to $1.0907. The greenback stood at 149.76 yen, hitting a two-week high against the Japanese currency. Elsewhere, the Australian dollar consolidated around $0.63695 after rising to its highest in a little less than a month on Monday.
Sterling traded at $1.29755 to hold just under Monday’s high of $1.2999, its strongest since November 7. The New Zealand dollar ticked up to $0.58145.