Investing.com – The U.S. dollar slipped back against its major counterparts on Tuesday, after comments China’s Vice Premiere made in support of measures by the European Union to address the region's debt crisis boosted sentiment.
During European morning trade, the greenback was down against the euro, with EUR/USD rising 0.19% to hit 1.3555.
Earlier in the day, ratings agency Moody’s put Portugal’s sovereign debt rating on review, pending a possible downgrade.
The greenback was also down against the pound with GBP/USD easing up 0.20% to hit 1.5545. Earlier Tuesday, data showed that consumer confidence in the U.K. remained unchanged at a four-month low in December.
Elsewhere, the greenback was down against the yen and the Swiss franc, with USD/JPY sliding 0.10% to hit 83.67 and USD/CHF shedding 0.28% to hit 0.9618.
Earlier in the day, the Bank of Japan left its benchmark interest rate unchanged, in line with expectations while government data showed that Switzerland’s trade surplus contracted more-than-expected in November.
Meanwhile, the greenback was also down against its Canadian, Australian and New Zealand counterparts, with USD/CAD slipping 0.02% to hit 1.0162, AUD/USD climbing 0.23% to hit 0.9957 and NZD/USD rising 0.49% to hit 0.7455.
Also Tuesday, data showed that the Conference Board's leading index for Australia increased 0.6% for October, after declining the previous month, suggesting that economic growth is likely to remain moderate in the near term.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.20%.
Earlier in the day, Chinese Vice Premier Wang Qishan said that China supported the measures taken by the EU and the International Monetary Fund to bail out certain European countries and stabilize the financial markets.
During European morning trade, the greenback was down against the euro, with EUR/USD rising 0.19% to hit 1.3555.
Earlier in the day, ratings agency Moody’s put Portugal’s sovereign debt rating on review, pending a possible downgrade.
The greenback was also down against the pound with GBP/USD easing up 0.20% to hit 1.5545. Earlier Tuesday, data showed that consumer confidence in the U.K. remained unchanged at a four-month low in December.
Elsewhere, the greenback was down against the yen and the Swiss franc, with USD/JPY sliding 0.10% to hit 83.67 and USD/CHF shedding 0.28% to hit 0.9618.
Earlier in the day, the Bank of Japan left its benchmark interest rate unchanged, in line with expectations while government data showed that Switzerland’s trade surplus contracted more-than-expected in November.
Meanwhile, the greenback was also down against its Canadian, Australian and New Zealand counterparts, with USD/CAD slipping 0.02% to hit 1.0162, AUD/USD climbing 0.23% to hit 0.9957 and NZD/USD rising 0.49% to hit 0.7455.
Also Tuesday, data showed that the Conference Board's leading index for Australia increased 0.6% for October, after declining the previous month, suggesting that economic growth is likely to remain moderate in the near term.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.20%.
Earlier in the day, Chinese Vice Premier Wang Qishan said that China supported the measures taken by the EU and the International Monetary Fund to bail out certain European countries and stabilize the financial markets.