The dollar recovered against the euro and yen Tuesday as a selloff in Chinese stocks slowed, coaxing nervous investors to move back into the U.S. currency.The ICE U.S. Dollar index DXY, -0.10% a measure of the dollar’s strength against a basket of six currencies, was up 0.2% to 96.6590.
The dollar USDJPY, -0.07% traded at ¥123.59, compared with ¥123.24 late Monday in New York. The euro EURUSD, +0.0814% traded at $1.1047, down from $1.1087 late Monday.
The pound GBPUSD, -0.0064% was worth $1.5610 in recent trade, up 0.3% from $1.5561 late Monday in New York.
Elsewhere, the dollar was broadly weaker against emerging-markets currencies, including the Turkish lira USDTRY, -0.0145% Mexican peso MXNUSD, +0.004916% and South African rand ZARUSD, -74.835886% . Though it strengthened against the Russian ruble USDRUB, +0.5275% and the Brazilian real BRLUSD, +0.0030%
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