The U.S. dollar weakened in late trading on Tuesday.
The dollar index, which measures the greenback against six major peers, fell 0.13 percent to 99.574 at 15:00 (1900 GMT).
In late New York trading, the euro climbed to 1.1542 dollars from 1.1521 dollars in the previous session, and the British pound rose to 1.3360 dollars from 1.3333 dollars in the previous session.
The U.S. dollar bought 159.00 Japanese yen, higher than 158.95 Japanese yen in the previous session. The U.S. dollar slipped to 0.7847 Swiss francs from 0.7867 Swiss francs, and it rose to 1.3697 Canadian dollars from 1.3670 Canadian dollars. The U.S. dollar was down to 9.2737 Swedish kronor from 9.3263 Swedish kronor.
U.S. dollar ticks down
UN Secretary-General Antonio Guterres has renewed his urgent call for an end to the Middle East conflict to prevent the worsening global hunger crisis, Farhan Haq, deputy spokesperson for the UN Secretary-General, said at the UN headquarters in New York on Tuesday.
Speaking at a press briefing, Haq quoted the UN Chief as saying that amid the escalating tensions in the Middle East, diplomacy must prevail.
He also cited the warnings from UN agencies that the conflict in the Middle East is feared to plunge tens of millions more into food insecurity. "The secretary general asserts once more that the war in the Middle East must stop, diplomacy must prevail, all Security Council resolutions must be implemented. The latest one, Resolution 2817, must be respected as we see that countries in the Gulf continue to be targeted," Haq said.
"And the World Food Program (WFP) is warning today that the total number of people around the world facing acute levels of hunger could reach record numbers in 2026 if the escalation in the Middle East continues to destabilize the world's economy. New analysis by WFP estimates that almost 45 million more people could fall into acute food insecurity or worse if the conflict does not end by the middle of the year, and if oil prices remain above 100 dollars a barrel. These would add to the 318 million people around the world who are already food insecure," he said.
Haq also highlighted the strategic significance of the Strait of Hormuz, noting that the key to restoring its safe and secure operation lies in bringing an end to the conflict.
He said that UN Secretary-General Antonio Guterres would travel to Brussels later on Tuesday for urgent consultations with European officials on navigation through the Strait of Hormuz and follow-up safeguard measures.
UN chief renews urgent call for end to Middle East conflict to prevent worsening global hunger crisis
