The dollar held onto gains against the other major currencies in subdued trade on Tuesday, as the greenback recovered from comments by a Federal Reserve official on Monday sparking fresh uncertainty over the timing of future U.S. rate hikes.
The dollar initially came under pressure after Fed Governor Lael Brainard warned against raising interest rates too quickly.
In a speech on Monday, Brainard says economic progress continues in the U.S., but the Fed would be wise to continue keeping policy loose.
The comments came after Boston Fed President Eric Rosengren said on Friday that low interest rates are increasing the chance of overheating the U.S. economy.