The dollar inched lower against key rivals Tuesday after strong data out of Europe and the U.K. implied that economic growth in the rest of the world is beginning to catch up to the U.S.
The euro EURUSD, -0.07% traded at $1.1175, compared with $1.1183 Monday evening, while the pound GBPUSD, -0.07% traded at $1.5363, compared with $1.5359.
The dollar USDJPY, +0.01% also drifted lower against the yen, trading at ¥119.70, compared with ¥120.14.
The ICE U.S. Dollar Index DXY, +0.11% a measure of the dollar’s strength against six of its largest trading partners, was down 0.06% on the day to 95.4090.
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