U.S. dollar declines against most major currencies

The U.S. dollar dropped against most major currencies on Tuesday after Federal Reserve Chair Janet Yellen failed to give hint about the timing of further interest rate hikes.

In late New York trading, the euro fell to 1.1365 dollars from 1.1371 dollars in the previous session, while the dollar bought 107.29 Japanese yen, lower than 107.37 in the previous session. Endit