The European single currency climbed to 1.3705 dollars from 1.3697 dollars late on Monday in New York.

The dollar increased to 119.36 yen from 119.03 yen late on Monday.

Traders on Tuesday were digesting a batch of eurozone data. Official EU figures showed that the unemployment rate in the 13 nations sharing the euro extended its gradual decline in June, registering a record low of 6.9 percent of the workforce.

Eurozone inflation meanwhile dipped to 1.8 percent in July after four months at 1.9 percent. Economic confidence also weakened in the same month, though remained at historically high levels.

"Eurozone economic sentiment softened for a second month running in July, indicating that the strong euro, higher oil prices and higher interest rates are seeping through to have a limited dampening impact," Global Insight economist Howard Archer said.