SINGAPORE/LONDON—The dollar advanced on Tuesday as last week’s rally in riskier currencies took a breather, gaining on the euro after weak German data and on the Australian dollar after its central bank raised interest rates but hinted the hike was the cycle’s last.
The dollar index which tracks the U.S. unit against six main peers was up 0.35 percent at 105.65, driven by a 0.37 percent fall in the euro to $1.0677 and a 0.4 percent drop in the pound to $1.2288.
