Investing.com – The U.S. dollar was mixed against its major counterparts on Tuesday, after a Chinese report showing that inflation rose more slowly than expected in January supported risk appetite.
During European morning trade, the greenback was down against the euro, with EUR/USD climbing 0.18% to hit 1.3512.
Earlier in the day, official data showed that the German economy expanded at the slowest pace in a year in the fourth quarter.
The greenback was also down against the pound, with GBP/USD rising 0.19% to hit 1.6066.
Elsewhere, the greenback was up against the yen but down against the Swiss franc, with USD/JPY gaining 0.25% to hit 83.53 and USD/CHF dipping 0.06% to hit 0.9694.
Earlier Tuesday, the Bank of Japan kept its benchmark interest rate unchanged at 0.1%.
Meanwhile, the greenback was down against its Canadian counterpart but up against its Australian and New Zealand cousins, with USD/CAD shedding 0.23% to hit 0.9865, AUD/USD dipping 0.03% to hit 1.0026 and NZD/USD slipping 0.12% to hit 0.7557.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.11%.
Later in the day, the U.S. was to publish government data on retail sales as well as a report on manufacturing activity in New York.
During European morning trade, the greenback was down against the euro, with EUR/USD climbing 0.18% to hit 1.3512.
Earlier in the day, official data showed that the German economy expanded at the slowest pace in a year in the fourth quarter.
The greenback was also down against the pound, with GBP/USD rising 0.19% to hit 1.6066.
Elsewhere, the greenback was up against the yen but down against the Swiss franc, with USD/JPY gaining 0.25% to hit 83.53 and USD/CHF dipping 0.06% to hit 0.9694.
Earlier Tuesday, the Bank of Japan kept its benchmark interest rate unchanged at 0.1%.
Meanwhile, the greenback was down against its Canadian counterpart but up against its Australian and New Zealand cousins, with USD/CAD shedding 0.23% to hit 0.9865, AUD/USD dipping 0.03% to hit 1.0026 and NZD/USD slipping 0.12% to hit 0.7557.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.11%.
Later in the day, the U.S. was to publish government data on retail sales as well as a report on manufacturing activity in New York.