The dollar index fell Tuesday, nearing a four-month low, pressured by a stronger yen after two consecutive sessions of sharp gains.
The yen stabilized around the 153–154 per dollar level, with the Japanese currency closing at 154.24 per dollar, some distance away from Friday’s low of 159.23.
The euro was steady at $1.1878, having hit a peak of $1.19075 on Monday. Sterling similarly scaled a top of $1.37125 in the previous session and was last bought at $1.3678.
The Australian and New Zealand dollars also held on to gains from the previous session and traded at $0.6914 and $0.5970, respectively.
Against a basket of currencies, the dollar has fallen more than 1 percent so far in 2026. It was last at 97.05, having hit a four-month low of 96.808 on Monday.
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