The greenback traded flat on Tuesday close to its lowest level in 7 months post aggressive tone of Fed's policy makers on the earlier night which gave some support to the US dollar to halt its latest dips.

Projections of lower interest rate from Fed side has been hovering during the past days which caused the greenback to ease.

The dollar index that gauges the greenback versus its major pairs firmed at 103.23, post plunging 0.7% and hitting the lowest level in 7 months during the earlier session.

Investors’ appetite are currently geared towards the non safe haven assets making the cravings for the US dollar is less, owing to the Chinese boarders reopening

EUR/USD was flat at $1.0736, a bit lower than its highest touched level in 7 months at 1.07605.

GBP/USD slipped by 0.1% at $1.2165, falling under the peak hit in 3 weeks.

USD/JPY did not show much change, climbing a bit by 0.2% at 132.2 yen. The Japanese currency has gained a lot of support since BOJ announced its unexpected yield surprise.