Investing.com - The dollar held steady against the other majors currencies on Tuesday, as markets prepared for the results of the U.S. presidential election opposing Hillary Clinton and Donald Trump.
EUR/USD edged up 0.11% to 1.1051.
Markets were jittery ahead of the results of the U.S. presidential vote, although sentiment remained mildly supported after the FBI informed Congress over the weekend that it had "not changed its conclusions" on the private email server maintained by Hillary Clinton.
The news fueled expectations that the Democratic candidate could win Tuesday’s election, which is seen as more source of stability for financial markets.
Elsewhere, GBP/USD held steady at 1.2390.
The U.K. Office for National Statistics reported on Tuesday that manufacturing production increased by 0.6% in September, better than expectations for a gain of 0.4%.
However, industrial production fell 0.4% in September, compared to forecasts for a 0.1% rise,
USD/JPY gained 0.25% to 104.73, while USD/CHF was almost unchanged at 0.9750.
Japan’s Finance Minister Taro Aso said on Tuesday that Tokyo will need to respond to moves in the currency markets if the U.S. election results cause a sudden spike in the yen.
The Australian dollar was weaker, with AUD/USD down 0.19% at 0.7712, while NZD/USD added 0.20% to 0.7358.
Data earlier showed that China’s imports declined by an annualized rate of 1.4% last month, while exports dropped 7.3%.
China is Australia’s biggest export partner and New Zealand’s second biggest export partner.
Meanwhile, USD/CAD held steady at 1.3369.
Also Tuesday, Statistics Canada said building permits dropped 7.0% in September, compared to expectations for a 5.6% fall.
A separate report showed that housing starts increased by 192,900 units last month, disappointing expectations for a 195,000 rise.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was steady at 97.72.