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The Dollar remains strong supported by positive indicators from the top of Trump and Kim
The dollar was near a three-week high against the yen on Tuesday after US President Donald Trump and North Korean leader Kim Jong-un held a "comprehensive" speech at a landmark summit aimed at denuclearizing the Korean Peninsula.
Trump said the meeting in Singapore had gone "better than anyone expected," and he expected the nuclear disarmament process to begin "very, very quickly."
The meeting, an important event for global markets, came months after the two leaders exchanged insults and increased tensions in the region over North Korea's nuclear and ballistic missile programs as it quickly pursued its goal of developing a nuclear-capable missile capable of striking the United States.
The greenback rose to 110.495 yen, its highest level since May 23.
The appreciation of the dollar against the yen, often seen as a safe haven in times of political tension and market turmoil, reflects optimism that the Trump and Kim summit will open the door to North Korea's eventual nuclear disarmament.
In the latest trading, the dollar rose 0.3 percent to 110.390 yen, retreating from its highs after reports that White House economic adviser Larry Kodlo suffered a heart attack.
The euro fell 0.2 percent against the dollar to $ 1.1763.
The dollar index, which tracks the performance of the greenback against a basket of six major currencies, rose 0.25 percent to 93.789.
The Australian dollar was up 0.1 percent at $ 0.7617 after falling earlier to $ 0.7584.
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