NEW YORK, April 5 (Xinhua) -- The U.S. dollar appreciated in late trading on Tuesday as market participants bet on more aggressive policy moves from the Federal Reserve to tame inflation.

       The dollar index, which measures the greenback against six major peers, increased 0.48 percent at 99.4710.

       In late New York trading, the euro was down to 1.0909 U.S. dollars from 1.0975 dollars in the previous session, and the British pound was down to 1.3081 dollars from 1.3116 U.S. dollars in the previous session. The Australian dollar increased to 0.7595 U.S. dollar from 0.7550 dollar.

       The U.S. dollar bought 123.60 Japanese yen, higher than 122.82 Japanese yen of the previous session. The U.S. dollar rose to 0.9292 Swiss franc from 0.9262 Swiss franc, and it decreased to 1.2472 Canadian dollars from 1.2485 Canadian dollars.

       The above market reactions came as Fed Governor Lael Brainard on Tuesday said she expects rapid reductions to the Fed's balance sheet alongside increases to the benchmark interest rate to drive down inflation.