The US dollar witnessed a decline on Tuesday against a basket of global currencies, continuing its losses for the second day in a row on its way towards testing the lowest level in three weeks, under the pressure of the current slowdown in the yield on US 10-year Treasury bonds.

 The dollar index fell by about 0.2% in today's trading, as it ended Monday's trading down by 0.2%, resuming its losses that stopped on Friday as part of the recovery process from the lowest level in three weeks at 103.43 points.

Markets are awaiting today the release of a number of important economic data in the United States, in addition to comments by Federal Reserve officials for more information and readings about the possibilities of lowering US interest rates.
  
In addition, the yield on ten-year US Treasury bonds fell on Tuesday near the lowest level in two weeks, which is putting negative pressure on the levels of the US dollar. This development comes in the US bond market, with traders awaiting throughout this week. The release of several important economic data in the United States, in addition to the comments of some Federal Reserve officials, as these data and comments will provide a new pricing for the existing possibilities regarding US interest rates over the next three meetings in March, May and June.

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