The U.S. dollar traded lower Tuesday, surrendering all of its gains against the euro racked up over the previous session.After a gauge of service-sector activity came in stronger than expected, the dollar turned a brief bounce into a steep decline.
The euro EURUSD, +0.17% strengthened against the dollar, rising to $1.1201, compared with $1.1147 Monday afternoon; the pound GBPUSD, +0.06% strengthened to $1.5172, compared with $1.5120 Monday; the dollar USDJPY, +0.07% traded at ¥119.80, compared with ¥120.10; the Australian dollar AUDUSD, +0.24% strengthened to 79.44 cents — its highest level in a week — compared with 78.41 cents.
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