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The dollar fell on Tuesday but remained within its recent swing range as investors awaited a speech by US Federal Reserve Chairman Jerome Powell at a session of Congress later on Tuesday.
European shares rose in early trading after a rebound in late trading in the US stock market, while US bond yields rose slightly.
Investors hope that Powell will give clues on when to tighten monetary policy when he answers questions from the Senate Banking Committee as he seeks a second four-year term as US central bank chief.
By 0840 GMT, the dollar index was down 0.1 percent and recorded at 95.817, well below its high reached at the end of November, when the tendency to tighten monetary policy increased among Federal Reserve decision-makers.
Some large US banks now expect to raise rates four times this year, starting in March.
The euro recorded 1.1346 dollars and remained within its swing range in recent years.
The dollar rose 0.1 percent against the Japanese yen, hitting 115.280 yen to the dollar.
In two months, the pound reached its highest level against the dollar, recording $1,362.
Concerning cryptocurrencies, the price of Bitcoin returned to rise, recording about 42 thousand dollars, after it fell to forty thousand on Monday for the first time since September.
