Dollar Turns In Mixed Performance Against Major Counterparts
(RTTNews) - The U.S. dollar turned in a mixed performance against its major counterparts on Tuesday with investors awaiting some crucial economic data, including reports on U.S. manufacturing and services sector activity.
The greenback found some support on expectations of a victory for former president Donald Trump in the upcoming presidential election on November 5. Trump's tariff and tax policies are seen as inflationary.
Recent polls indicated Trump leading US Vice President and Democratic candidate Kamala Harris in key battleground states.
The dollar index, which was down at 103.82 in the Asian session, recovered slowly and was at 104.08 a little while ago, recording a marginal gain.
Against the Euro, the dollar firmed to 1.0799 from 1.0817. The dollar was little changed against Pound Sterling at 1.2986.
Against the Japanese currency, the dollar climbed to 151.10 yen, gaining from 150.84 yen. The dollar edged down to 0.7784 against the Aussie.
The Swiss franc gained slightly against the greenback at CHF 0.8654. The Loonie edged up against the Loonie to C$ 1.3817, gaining slightly after settling at C$ 1.3831 on Monday.
European Shares Seen Higher With Central Bank Meetings In Focus
European Economic News Preview: Bank Of England To Hold Rate
Sensex, Nifty Open Higher; IT Stocks Surge As Fed Cuts Interest Rates
Australian Market Extends Early Losses In Mid-market
Asian Markets Trade Mostly Higher
Sensex, Nifty Seen Higher At Open
Japanese Market Notably Higher
