The U.S. dollar decreased against most major currencies on Tuesday as investors were digesting the latest remarks from European Central Bank President Mario Draghi.
Speaking to a conference in Portugal, Draghi said on Tuesday that the central bank could adjust its policy tools of sub-zero interest rates and massive bond purchases as economic prospects improve in Europe.
The euro was supported by Draghi's remarks. The shared currency gained nearly 1.4 percent against the greenback in late trading.
The dollar index, which measures the greenback against six major peers, was down 0.99 percent at 96.462 in late trading.
On the U.S. economic front, the Conference Board Consumer Confidence Index came in at 118.9 in June, up from 117.6 in May, exceeding economists' expectations.
In late New York trading, the euro rose to 1.1339 dollars from 1.1191 dollars, and the British pound climbed to 1.2800 dollars from 1.2715 U.S. dollars in the previous session. The Australian dollar added to 0.7592 U.S. dollar from 0.7588 U.S. dollar. The U.S. dollar bought 112.15 Japanese yen, higher than 111.70 yen of the previous session. The U.S. dollar fell to 0.9601 Swiss franc from 0.9717 Swiss franc, and it edged down to 1.3174 Canadian dollars from 1.3245 Canadian dollars.
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