The
euro fell against the U.S. dollar Tuesday on concerns over the health of the global recovery.
The deep cuts in public spending and slowing economies in Europe have drawn investors' concerns.
On Tuesday, the Conference Board said its Consumer Confidence Index fell to 52.9 in June from 62.7 in May.
The economic research group also said that its leading economic index for China rose just 0.3 percent in April, the smallest gain since November, suggesting that growth could slow.
The euro dropped to 1.2209 dollars in late New York trading Tuesday from 1.2287 dollars late Monday.
The British pound declined to 1.5081 dollars from 1.5110 dollars, but the dollar slipped to 88.49 Japanese yen from 89.40 yen.
The dollar gained to 1.0550 Canadian dollars from 1.0344 Canadian dollars while dropped to 1.0807 Swiss francs from 1.0875 francs. - source: PNA
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