Dollar Slips; Euro Drifts Higher on ECB Hopes
The U.S. dollar lost ground Tuesday, with the euro finding renewed support on growing optimism that the European Central Bank will take steps to bring down borrowing costs for peripheral governments.
The ICE dollar index DXY -0.61% , which tracks the U.S. unit against a basket of six major riavls, fell to 82.100 from 82.475 in North American trade late Monday.
The euro EURUSD +0.89% changed hands at $1.2409, up from $1.2346.
