
The dollar index (DXY00) Tuesday rose by +0.03%. The dollar posted modest gains on Tuesday as US tariff concerns weighed on equity markets and boosted safe-haven demand for the dollar. Dovish Eurozone inflation news Tuesday also weighed on EUR/USD to the benefit of the dollar.
The dollar briefly fell into negative territory Tuesday on weaker-than-expected US job openings and ISM reports. The dollar was also under pressure due to concerns that US tariffs would derail economic growth.