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The fiber escalated to $1.1965, buoyed by dollar weakness, although U.S. House of Representatives Speaker Nancy Pelosi said on Tuesday that Democrats in Congress are willing to cut their coronavirus relief bill in half to get an agreement on new legislation with the White House and Republicans.
The Sterling mounted to $1.3265 on report UK Consumer Prices Index 12-month rate came in at +1.0% in July when compared to +0.6% booked in June while beating expectations of a +0.6% print.
The safe-haven yen fell from 105.08 to 105.50 against the greenback as Japan's exports fell 19.2% in July from a year earlier, while the country's core machinery orders fell 7.6% in June from the previous month.
The risk-sensitive Australian dollar rocketed to $0.7262, although China has begun an anti-dumping probe into imports of Australian wine.
The rand ratcheted to 17.32 per dollar as market sentiment improved after a coronavirus-induced lockdown was lifted over the weekend. Market is eyeing local CPI data at noon.
The dollar-rupee stayed put at 40.10(selling) on the domestic market.
10:00 - GBP - CPI (YoY)(Jul)
13:00 - EUR - CPI (YoY)(Jul)
18:30 - USD - Crude Oil Inventories
22:00 - USD - FOMC Meeting Minutes