Dollar turns lower, pulls back from 1-month peak

The US dollar fell against its peers on Tuesday, and pared its early gains and its 1-month peak.

The US House of Representatives passed earlier this week President Joe Biden's $1.9 trillion stimulus plan, but the Senate has to vote on the bill in order to implement it

The |US dollar was lifted recently by the US 10-year Treasury bonds yield's jump above 1.6% for the first time in more than a year, and after the US health authorities (FDA) approved the emergency use of the Johnson & Johnson's Covid-19 vaccine, which is taken in only a single dose.

The dollar index fell against a basket of currencies by 0.3% to 90.7 points as of 18:55 GMT, after it hit a high of 91.3 points and a low of 90.7 points.