Dollar Slips as Oil Prices and Yields Fall
The US dollar retreated in Asian trade on Tuesday as oil prices and Treasury yields eased alongside a broader slide in global stocks. Major currencies gained against the greenback while investors awaited upcoming US inflation data.
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The United States dollar slipped 0.2% to 102.39 in Asian trade on Tuesday as bond yields and oil prices eased alongside a slide in global equities. This retreat pulls the currency back from its highest level since April 2025. Investors are recalibrating positions as positive global economic surprises lose momentum.
