Investing.com - The Aussie rose on Tuesday in early Asia with investors focused on minutes from the central bank ahead.
AUD/USD traded at 0.7258, up 0.14%, while USD/JPY changed hands at 119.48, down 0.01%.
The Reserve Bank of Australia releases the minutes of its October policy meeting at 1130 Sydney time (0030 GMT) with comments on China's economy eyed.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.06% to 94.96.
Overnight, the dollar held onto gains against the other major currencies in light trade on Monday, as sentiment on the greenback was still fragile after the release of mixed U.S. economic reports on Friday.
The preliminary reading of the University of Michigan’s consumer sentiment index came in at 92.1 on Friday, compared to forecasts of 89 and up from 87.2 in September.
But another report showed that U.S. industrial production declined 0.2% in September, pressured lower by weakness in the oil and gas sector.
Demand for the safe-haven yen strengthened after data on Monday showed that China’s economic growth slowed to 6.9% in the third quarter, down from 7% in the previous quarter. The figure is the country's slowest growth rate since 2009.
A separate report showed that Chinese industrial production rose at a year-on-year rate of 5.7% in September, disappointing expectations for a 6.0% gain.