Investing.com – The U.S. dollar was down against most of the other major currencies on Tuesday, ahead of a rate statement by U.S. Federal Reserve policy makers.
During European afternoon trade, the greenback was down against the euro, with EUR/USD gaining 0.47% to hit 1.3126.
Earlier Tuesday, successful bond auctions by euro zone members, Ireland, Spain and Greece helped ease lingering fears over the euro zone sovereign debt crisis.
The greenback was also down against the pound, with GBP/USD gaining 0.12% to hit 1.5566.
Elsewhere, the greenback was down against the yen and the Swiss franc, with USD/JPY shedding 0.41% to hit 85.34 and USD/CHF falling 0.23% to hit 1.0026.
Earlier in the day, official data showed that Switzerland's trade balance contracted more-than-expected in August.
Meanwhile, the greenback was up against its Canadian and New Zealand counterparts, with USD/CAD gaining 0.24% to hit 1.0309 and NZD/USD shedding 0.34% to hit 0.7282.
Also Tuesday, official data showed that Canadian core consumer price inflation rose in line with expectations in August.
But the greenback was down against its Australian counterpart, with AUD/USD gaining 0.11% to hit 0.9484.
Earlier in the day, minutes of the most recent meeting of the Reserve Bank of Australia's policy makers indicated that the bank would raise its benchmark interest rate further this year.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.35%.
Also Tuesday, official data showed that U.S. building permits and housing starts rose more-than-expected in August.
During European afternoon trade, the greenback was down against the euro, with EUR/USD gaining 0.47% to hit 1.3126.
Earlier Tuesday, successful bond auctions by euro zone members, Ireland, Spain and Greece helped ease lingering fears over the euro zone sovereign debt crisis.
The greenback was also down against the pound, with GBP/USD gaining 0.12% to hit 1.5566.
Elsewhere, the greenback was down against the yen and the Swiss franc, with USD/JPY shedding 0.41% to hit 85.34 and USD/CHF falling 0.23% to hit 1.0026.
Earlier in the day, official data showed that Switzerland's trade balance contracted more-than-expected in August.
Meanwhile, the greenback was up against its Canadian and New Zealand counterparts, with USD/CAD gaining 0.24% to hit 1.0309 and NZD/USD shedding 0.34% to hit 0.7282.
Also Tuesday, official data showed that Canadian core consumer price inflation rose in line with expectations in August.
But the greenback was down against its Australian counterpart, with AUD/USD gaining 0.11% to hit 0.9484.
Earlier in the day, minutes of the most recent meeting of the Reserve Bank of Australia's policy makers indicated that the bank would raise its benchmark interest rate further this year.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.35%.
Also Tuesday, official data showed that U.S. building permits and housing starts rose more-than-expected in August.