The Japanese yen and Swiss franc eased off earlier highs as fears about the economic fallout from the coronavirus outbreak in China waned, though the dollar index held near two-month highs.
Global markets had stabilized somewhat after a risk sell-off which ran from Monday through Tuesday morning. The Japanese yen was last 0.22% weaker at 109.13 per dollar, having hit a 2-1/2-week high on Monday. The Swiss franc was 0.36% weaker against the dollar, last at 0.973.
Earlier Tuesday the Swissie had strengthened to 1.067 francs per euro, its highest since April 2017.
The dollar index, another safe-haven asset, was slightly off the two-month high hit earlier in the day, but remained in demand on Tuesday afternoon. It was last trading up 0.4% on the day at 97.995.
Source : Reuters