By Sarah Turner, MarketWatch
SYDNEY (MarketWatch) — The U.S. dollar traded broadly flat in Asian trading hours on Tuesday, retaining recent gains made amid investor nervousness about Europe’s debt problems.
The dollar index DXY -0.06% , which measures the greenback against a basket of six currencies, traded at 80.35, from 80.374 in late North American trading on Monday.
The dollar had strengthened against most of its major rivals on Monday as investor attention refocused on Europe’s debt troubles.
The European Central Bank president and European Union finance ministers failed to offer much hope of more aggressive support for ailing euro-zone nations.
“There remain pressing downside risks to global growth, financial stability and the viability of the euro. None might unfold in 2012, but none can be easily dismissed,” said strategists at RBC Capital Markets.
The euro EURUSD +0.12% edged up to $1.3002, from $1.2997 in late trading Monday. The British pound GBPUSD +0.19% traded at $1.5519, from $1.5497 in late trading on Monday.
The dollar USDJPY -0.13% bought 77.97 Japanese yen, compared to ¥78.03 in late trading on Monday.
