The dollar was on the back foot on Tuesday after snapping a 10-day rising streak as investors consolidated the gains built on expectations of increased fiscal spending and higher inflation under a Trump administration.
An earthquake with a preliminary magnitude of 7.3 and the subsequent tsunami warning in northern Japan also prompted knee-jerk selling in the dollar against the safe-haven yen in early trade.
The dollar slipped to 110.48 yen from Monday's high of 111.36, its highest level since May 30. It last stood around 110.63 yen.
The dollar's index against a basket of six major currencies (DXY) <=USD> slipped to 100.87, off its 13 1/2-year high touched on Friday.
It has risen nearly 5 percent over the last 10 days, with investors betting increased fiscal spending by the incoming Trump administration would stoke inflation and propel interest rates higher.
An immediate target for the index is seen at 101.80, a 61.8 percent retracement of its seven-year decline from 2001 to 2008.
