Singapore, October 06 (QNA) - The US dollar extended its blistering rally as it rode US Treasury yields higher, while the euro struggled near a 17-month low on Tuesday, weighed down by political uncertainty and fiscal concerns across the euro zone.

The dollar index firmed at 102.16, having scaled an 18-month high in the previous session.

The euro ticked slightly lower to $1.1220 in the early Asian session, having slid to its lowest since May 2025 in the previous session and extending its 1.2% fall from last week.

Against the British pound, the euro was last at 84.83 pence, having also lost more than 1% last week.

In the broader market, the dollar marched higher, drawing support from still-elevated US Treasury yields, which scaled multi-decade highs overnight.

Against the yen, the dollar rose a touch to 157.92, while sterling slipped 0.02% to $1.3222.

Elsewhere, the Australian dollar fell 0.07% to $0.6967, while the New Zealand dollar similarly eased 0.07% to $0.5596. (QNA)