London

THE dollar struggled to recover ground against other major currencies on Tuesday as stronger German data and low 10-year US Treasury yields offset signs investors were ready to take some profit on its worst week of losses in a year.

Moves on major markets were tight, with the common denominator still a weaker greenback, down 0.1 per cent against the yen, and as much as 0.7 per cent against a resurgent New Zealand dollar.