The US dollar was subdued on Tuesday after a strong run as traders held off from large bets ahead of a slew of economic data this week, while the Japanese yen languished near levels that triggered intervention last year.

Against a basket of currencies, the dollar eased 0.06% to 103.88, after slipping 0.2% on Monday.

The index is up 2% this month and is coming off a run of six weeks of gains as resilient US economic data bolstered expectations that rates may stay higher for longer.

The euro was up 0.1% to $1.0828 and sterling was last at $1.262, up 0.17% on the day. The Japanese currency was little changed at 146.5 per dollar on Tuesday but remained close to 146.75.

Source: Qatar News Agency