Investing.com - The Aussie was marginally up in early Asia on Tuesday with investors looking ahead to central bank views on the economy.
The minutes of the Reserve Bank of Australia's December meeting are due. Also in Australia, the house price index for the third quarter is due with a gain of 2.0% seen.
New Zealand then updates fiscal figures.
AUD/USD traded at 0.7249, up 0.01%, while USD/JPY changed hands at 121.00, down 0.03%.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, eased 0.02% to 97.72.
Overnight, the dollar erased gains against the other major currencies on Monday, as sentiment on the greenback became fragile ahead of the Federal Reserve's highly-anticipated policy meeting this week.
Most investors expect the Fed to raise interest rates for the first time since June 2006 at its upcoming meeting on December 15-16.
Higher interest rates would make the U.S. dollar more attractive to yield-seeking investors.
Data earlier showed that euro zone industrial production rose 0.6% in October, beating expectations for a 0.3% gain, after a 0.3% fall the previous month.
Also Monday, China’s yuan opened at fresh four-and-a-half year lows after the People’s Bank of China set its yuan midpoint rate at the lowest level since 2011.
The move came after the PBOC indicated Friday that it may ease its loose peg to the dollar and allow the yuan track a broad basket of currencies of China’s trading partners. Such a move would reduce China’s demand for dollars.