Investing.com - The Aussie gained in early Asia on Tuesday with central bank minutes on tap and an otherwise light regional data day.
AUD/USD traded at 0.7571, up 0.20%, while USD/JPY changed hands at 108.16, down 0.23%. NZD/USD traded at 0.7134, up 0.24%, as the Southern Hemisphere nation recovers from a series of earthquakes on Monday that damaged buildings, roads and left at least two people dead.
Ahead, the Reserve Bank of Australia releases the minutes of its November meeting at which it left the cash rate at a record low 1.50%.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was last quoted at 100.03.
Overnight, the dollar extended gains to hit an eleven-month high against the other majors currencies on Monday, as optimism over the economic implications of a Donald Trump presidency continued to boost demand for the greenback.
The dollar continued to strengthen amid hopes that increased fiscal spending and tax cuts under a Trump administration will bolster economic growth and inflation.
Expectations for higher U.S. interest rates also remained intact amid optimism that a pick-up in growth will allow the Federal Reserve to tighten borrowing costs.