Investing.com – The U.S. dollar was up against all of the other major currencies on Tuesday, as markets awaited the release of key U.S. housing sector data.
During European afternoon trade, the greenback was up against the euro, with EUR/USD shedding 0.52% to hit 1.3863. Earlier Tuesday, the ZEW Centre for Economic Research said that its index of German economic sentiment fell more-than-expected in October.
The greenback was also up against the pound and the Swiss franc with GBP/USD tumbling 0.90% to hit 1.5731 and USD/CHF soaring 0.79% to hit 0.9670.
Elsewhere, the greenback was up against the yen, with USD/JPY gaining 0.40% to hit 81.60. Earlier in the day, the Japanese government downgraded its assessment of the economy for the first time in 20 months.
In addition, the greenback was up against its Canadian, Australian and New Zealand counterparts, with USD/CAD surging 0.85% to hit 1.0258, AUD/USD plunging 0.94% to hit 0.9796 and NZD/USD falling 0.72% to hit 0.7492.
Later in the day, the Bank of Canada was to announce its benchmark interest rate.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.81%.
Later in the day, the U.S. was to publish official data on building permits and housing starts.
During European afternoon trade, the greenback was up against the euro, with EUR/USD shedding 0.52% to hit 1.3863. Earlier Tuesday, the ZEW Centre for Economic Research said that its index of German economic sentiment fell more-than-expected in October.
The greenback was also up against the pound and the Swiss franc with GBP/USD tumbling 0.90% to hit 1.5731 and USD/CHF soaring 0.79% to hit 0.9670.
Elsewhere, the greenback was up against the yen, with USD/JPY gaining 0.40% to hit 81.60. Earlier in the day, the Japanese government downgraded its assessment of the economy for the first time in 20 months.
In addition, the greenback was up against its Canadian, Australian and New Zealand counterparts, with USD/CAD surging 0.85% to hit 1.0258, AUD/USD plunging 0.94% to hit 0.9796 and NZD/USD falling 0.72% to hit 0.7492.
Later in the day, the Bank of Canada was to announce its benchmark interest rate.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.81%.
Later in the day, the U.S. was to publish official data on building permits and housing starts.