The euro was near a three-year high against the US dollar on Tuesday, as the euro recovered from earlier losses sparked by doubts that the ECB will back down next week to its pledge to continue His bond purchase program.

Digital currencies, with a fall of up to 18 percent, fell to a four-week low near $ 11,000 after reports that South Korea was still likely to ban trading in those currencies.

The euro rose 0.06 percent against the greenback to end the session at $ 1.2265 after the European currency recovered as Wall Street stocks turned lower on profit-taking after the Dow Jones industrial average hit a 26,000-point mark for the first time ever.

The dollar fell 0.18 percent against the Japanese currency to 110.32 yen, while the greenback fell 0.45 percent against the Swiss currency to 0.9586 francs.

The dollar index, which measures the value of the greenback against a basket of six currencies, fell 0.01 percent to 90.442 after hitting a three-year low of 90.279 on Monday.