(Reuters) - The euro swung between gains and losses on Tuesday with debt concerns in the United States and euro zone coupled with weaker-than-expected U.S. economic data prompting increasing risk aversion.

Lower risk tolerance generally sees a flight to safety and the U.S. dollar is typically a beneficiary against most other currencies. Tuesday's trading was no exception.

The U.S. economy grew at a slightly slower pace than previously estimated in the third quarter, though weak inventory accumulation amid sturdy consumer spending strengthened views that output would pick up in the current quarter.The dollar rose 0.2 percent to 77.08 yen .