The dollar fell versus a basket of currencies on Tuesday after an unexpected jump in U.S. pending home sales and fresh simulative measures by central banks worldwide eroded safe-haven flows into the greenback.
The euro was last up 1.5 percent versus the dollar at $1.3038, after rising as high as $1.3056, according to Reuter's data. The dollar fell 0.2 percent to 89.29 yen.
The currency market continued to take its cue An announcement by the Bank of Japan of a plan to buy up to 1 trillion yen ($11 billion) in listed shares held by Japanese banks and a deep interest rate cut in Australia also helped boost sentiment earlier, analysts said.
The currency market continued to take its cue An announcement by the Bank of Japan of a plan to buy up to 1 trillion yen ($11 billion) in listed shares held by Japanese banks and a deep interest rate cut in Australia also helped boost sentiment earlier, analysts said.
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