Investing.com - The dollar held gains against the other major currencies on Tuesday, after the release of upbeat U.S. consumer sentiment data added to hopes for a potential U.S. rate hike later this year.
The dollar was higher against the yen, with USD/JPY up 0.13% at 120.09.
The Conference Board reported said its index of consumer confidence rose to an eight-year high of 103.0 this month from a reading of 101.3 in August, whose figure was revised from a previously reported 101.5. Analysts expected the index to fall to 96.1 in September.
New York Fed President William Dudley and San Francisco Fed head John Williams indicated support for a rate hike in 2015 in separate speeches on Monday, but Chicago Fed President Charles Evans said rates should remain on hold until mid-2016.
The remarks came after Fed Chair Janet Yellen said last week that the bank was still on track for a rate hike before the years end.
The dollar was also higher against the euro, with EUR/USD shedding 0.23% to 1.1215.
The German consumer price index fell 0.2% from a month earlier, compared to expectations for a decline of 0.1%.
Elsewhere, the dollar was higher against the pound, with GBP/USD edging down 0.16% at 1.5153, and was lower against the Swiss franc, with USD/CHF slipping 0.13% to 0.9725.
Data earlier showed that U.K. net lending to individuals rose to £4.3 billion last month from £4.0 billion in July, whose figure was upwardly revised from an initially estimated £3.9 billion. Analysts had expected net lending to individuals to rise to £4.1 billion in August.
The Australian and New Zealand dollars remained higher, with AUD/USD up 0.36% to 0.7015 and with NZD/USD gaining 0.97% to 0.6390.
Meanwhile, USD/CAD edged down 0.13% to trade at 1.3377, after hitting 11-year highs of 1.3432 earlier in the session.
The U.S. dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, was up 0.12% at 96.25.
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