The greenback muted on Tuesday, while the euro was buoyed in the European services activity figures.

The dollar index that gauges the greenback versus its major pairs, muted at 105.915, lower than the five-month high hit the previous week.

The cooled conflicts in the Middle East, imply that there is not retaliation is intended from Iran’s side towards Iran following Israel’s latest attack, has witnessed traders profit from recent increases in the greenback.

That said, the greenback remains elevated after a run of stronger-than-expected economic data, accompanied by hawkish comments from Federal Reserve officials, have drove traders to reduce their anticipation of rate reductions this summer.

EURUSD added 0.1% to 1.0664, supported by figures that demonstrated that the overall business activity in the eurozone grew at its quickest pace in almost a year during this month.

GBP/USD added 0.1% to 1.2359, bolstered by figures showing the quickest expand in British business activity in almost a year this month, indicating a recovery from the previous year's slow down.

USD/JPY dipped to 154.81, just lower the fresh 34-year peaks above 155 level.