The dollar continued to rise broadly against major currencies during Tuesday's trading, with continued expectations for higher interest rate for the month of June to the Federal Reserve, which boosted demand for the dollar, as investors awaited the release of US reports on new home sales during the later in the day.

It has USD / JPY up 0.46% to 109.74.

The yen fell after Japanese Finance Minister Taro Aso said on Tuesday he must be very careful in discussing interest rates in particular.
The comments came after earlier reports that it would be good if the dollar-yen pair settled around 109 yen.

And continued demand for the dollar supported by comments Fed officials which indicated that interest rates may rise in the coming months.

The head of the Federal Reserve Bank of St. Louis James Bullard on Monday that more factors ... Read more »