Currency Exchange Rates The U.S. Dollar made significant gains during Tuesday's Asia and European trading hours before falling after U.S. wage data was released.  Data showed that U.S. labor costs rose 1% in Q4 2022, the smallest increase in a year.  The U.S. Dollar Index closed down 0.21% on Tuesday despite hitting a two-week high earlier in the day.  The index fell 1.39% in January, which compares to a 2.26% drop in December and a 5.07% decline in November.  UK(GBP) £0.81 0.72% Europe (EURO) €0.92 0.14% Canada (Canadian Dollar) $1.33 0.04% Japan (Yen) ¥130.05 0.14% *Exchange rates as of 7 am ET. Data from Morningstar Financial Research. To understand why we track these currencies and the differences between them,