Investing.com - The U.S. dollar was lower on Tuesday after consumer confidence came in much lower than anticipated and outlook dampened on the U.S.-China trade conflict.
The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, slipped 0.1% to 98.123 as of 10:49 AM ET (14:49 GMT).
The Conference Board reported that its index of consumer attitudes fell by the most in nine months in September, to 125.1 from a downwardly revised 134.2 the month before.
"The escalation in trade and tariff tensions in late August appears to have rattled consumers," Lynn Franco, senior director of economic indicators at the Conference Board, said in a statement.
Elsewhere, USD/CAD was flat at 1.3251. The Japanese yen, which is seen as a safe-haven in times of market turmoil, rose, with USD/JPY falling 0.1% to 107.44.
Sterling was steady after rallying earlier on news that the U.K. Supreme Court ruled that the suspension of Parliament was unlawful. U.K. Prime Minister Boris Johnson suspended Parliament earlier this month.
The pound gained 0.4% to 1.2479, while EUR/USD inched up 0.1% to 1.0998.