The dollar fell for the second consecutive day against major currencies on Tuesday as easing fears of a full-blown banking crisis dampened demand for safe-haven assets.
The yen, although traditionally a safe-haven currency, rose sharply, recouping overnight losses and analysts point to inflows linked to the country's fiscal year ending on Friday.
The Australian and New Zealand dollars also jumped as the Australian dollar got additional support from better-than-expected real estate sales data.
The dollar index, which measures the performance of the US currency against six major currencies, including the yen, fell 0.16 percent to 102.59 during Asian trading, extending its losses of 0.35 percent on Monday.
The US currency plunged to 130.505 yen during the session and was last traded 0.71 percent lower at 130.64, giving up its 0.64 percent gains in the previous session.
The euro rose 0.1% to $1.0809, while the pound rose 0.23% to $1.2315.
The Australian dollar rose 0.53% to $0.6686, and the New Zealand dollar rose 0.49% to $0.62265.
