The dollar inched higher on Tuesday to hover near a two-month high as volatile oil prices and ‌a rapid climb in Treasury yields lent support, though gains were limited as traders awaited US data this week for clues to the Federal Reserve's rate path.

The US dollar was steady near a two-month high as the US-Iran standoff continued to push up oil prices and Treasury yields, while investors looked ahead to a data-packed week for further ‌clues about the path of central bank policy.