U.S. dollar dips as risk appetite improves

NEW YORK, May 17 (Xinhua) -- The U.S. dollar slipped in late trading on Tuesday as risk sentiment improved on the markets, subduing appetite for the safe-haven currency.

The dollar index, which measures the greenback against six major peers, fell 0.79 percent to 103.3620.

In late New York trading, the euro increased to 1.0549 U.S. dollars from 1.0441 dollars in the previous session, and the British pound