At 10 am ET Tuesday, the U.S. new home sales report for April and consumer confidence survey for May were released. After these reports, the greenback rose further against its major rivals.

The greenback was trading at 123.22 against the yen, 1.0908 against the euro, 1.5378 against the pound and 0.9491 against the franc around 10:05 am ET.

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