SINGAPORE (REUTERS)
The dollar found its footing in Asian trading on Tuesday. The US dollar index, which measures the greenback's strength against a basket of six currencies, was up 0.1% at 99.076, attracting bids after snapping a five-day winning streak on Monday.
The yield on the US 10-year Treasury bond was down 2.4 basis points at 4.5974%, after hitting its highest level in a year, as lower oil prices eased inflation fears.
Brent crude futures slumped 2% to $109.84 per barrel.
Against the yen, the US dollar was up 0.1% at 158.95 yen after government data showed on Tuesday that Japan's economy grew by an annualised 2.1% in the first quarter, compared with the median market forecast for a 1.7% gain.
The Australian dollar was down 0.5% at $0.71345 after the release of minutes from the Reserve Bank of Australia's meeting on May 5 showed the central bank judged interest rates to be restrictive following three hikes this year.
The kiwi slipped 0.4% to $0.5854 in sympathy with the Aussie.
The euro was down 0.1% at $1.1644, while the British pound was down 0.2% at $1.3411.
Against the Chinese yuan, the U.S. dollar was up 0.1% at 6.8031 yuan in offshore trade.
Bitcoin was down 0.2% at $76,734.76, while ether gained 0.6% to $2,128.65.