NEW YORK (CNNMoney.com) -- The dollar fell Tuesday as investors turned to other investments, such as other currencies and stocks, amid optimism about the global economy and signs the European debt crisis is easing.
What prices are doing: The dollar dropped 1.2% versus the euro to $1.3767 and was down 0.8% against the U.K. pound to $1.5787. Against the Japanese yen, the dollar rose 0.2% to ¥90.16.
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| Click on the chart to view other currencies. |
On Monday, the dollar rose versus rivals amid lingering debt concerns about Greece and Dubai.
What's driving prices: The dollar was pressured by stocks Tuesday, which rose on strong quarterly results from two major corporations and a bigger-than-expected rise in manufacturing activity in the New York area.
The weaker greenback helped boost oil prices, which surged nearly 4% to settle above $77 a barrel.
Meanwhile, the euro was supported by restored confidence as Europe urged Greece to take measures to tackle its debt crisis and finance ministers met in Brussels to discuss the problem.
Last week, European leaders pledged to help debt-ridden Greece, easing worries that a default would spread into the eurozone and stall recovery.
"The euro zone is going to get fixed, gracefully or not, and that should take pressure off the euro," said James Cordier, president of Liberty Trading Group. 
| Overnight Avg Rate | Latest | Change | Last Week |
|---|---|---|---|
| 30 yr fixed | 3.80% | 3.88% | |
| 15 yr fixed | 3.20% | 3.23% | |
| 5/1 ARM | 3.84% | 3.88% | |
| 30 yr refi | 3.82% | 3.93% | |
| 15 yr refi | 3.20% | 3.23% |
Today's featured rates:
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 32,627.97 | -234.33 | -0.71% |
| Nasdaq | 13,215.24 | 99.07 | 0.76% |
| S&P 500 | 3,913.10 | -2.36 | -0.06% |
| Treasuries | 1.73 | 0.00 | 0.12% |
| Company | Price | Change | % Change |
|---|---|---|---|
| Ford Motor Co | 8.29 | 0.05 | 0.61% |
| Advanced Micro Devic... | 54.59 | 0.70 | 1.30% |
| Cisco Systems Inc | 47.49 | -2.44 | -4.89% |
| General Electric Co | 13.00 | -0.16 | -1.22% |
| Kraft Heinz Co | 27.84 | -2.20 | -7.32% |
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