Investing.com – The U.S. dollar was down against most of the other major currencies on Tuesday, as sentiment on the dollar weakened ahead of the release of key U.S. economic data.
During European afternoon trade, the greenback was down against the euro, with EUR/USD gaining 0.11% to hit 1.3469.
Earlier in the day, the market research group Gfk said its index of Germany's consumer climate rose more-than-expected in September, climbing to its highest level since October 2007.
The greenback was also down against the pound, with GBP/USD rising 0.09% to hit 1.5845 after data showed that the U.K.'s current account deficit narrowed more-than-expected in the second quarter.
The greenback was also down against the yen and the Swiss franc with USD/JPY shedding 0.22% to hit 84.11 and USD/CHF shedding 0.04% to hit 0.9850.
Earlier Tuesday, data showed that Switzerland's UBS consumption indicator continued to rise in August.
Meanwhile, the greenback was down against its Australian and New Zealand counterparts, with AUD/USD up 0.05% to hit 0.9615 and NZD/USD rising 0.03% to hit 0.7348.
But the greenback was up against its Canadian counterpart with USD/CAD gaining 0.35% to hit 1.0330.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.13%.
Later Tuesday, the U.S. was to release official data on house prices as well as a report on consumer confidence.
During European afternoon trade, the greenback was down against the euro, with EUR/USD gaining 0.11% to hit 1.3469.
Earlier in the day, the market research group Gfk said its index of Germany's consumer climate rose more-than-expected in September, climbing to its highest level since October 2007.
The greenback was also down against the pound, with GBP/USD rising 0.09% to hit 1.5845 after data showed that the U.K.'s current account deficit narrowed more-than-expected in the second quarter.
The greenback was also down against the yen and the Swiss franc with USD/JPY shedding 0.22% to hit 84.11 and USD/CHF shedding 0.04% to hit 0.9850.
Earlier Tuesday, data showed that Switzerland's UBS consumption indicator continued to rise in August.
Meanwhile, the greenback was down against its Australian and New Zealand counterparts, with AUD/USD up 0.05% to hit 0.9615 and NZD/USD rising 0.03% to hit 0.7348.
But the greenback was up against its Canadian counterpart with USD/CAD gaining 0.35% to hit 1.0330.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.13%.
Later Tuesday, the U.S. was to release official data on house prices as well as a report on consumer confidence.