The U.S. dollar index traded mixed against other major currencies in late trading on Tuesday, as investors eyed the latest developments of trade relations between China and the United States.
With no major economic data due Tuesday, investors were still monitoring the developments of trade relations between China and the United States.
China suspended tariff concessions on 128 items of U.S. products including pork and fruits starting Monday, according to the Ministry of Finance.
The statement said it was a countermeasure in response to a previous U.S. move to slap tariffs on steel and aluminum imports.
For the rest of the week, traders will watch closely on Friday's jobs report with the hope that it will provide more direction for the U.S. dollar, as well as the Federal Reserve's monetary policy.
The dollar index, which measures the greenback against six major peers, increased 0.18 percent at 90.210 in late trading.
In late New York trading, the euro was down to 1.2268 dollars from 1.2301 dollars in the previous session, and the British pound increased to 1.4056 dollars from 1.4041 U.S. dollars in the previous session. The Australian dollar was up to 0.7680 dollar from 0.7653 dollar.
The U.S. dollar bought 106.58 Japanese yen, higher than 105.84 Japanese yen of the previous session. The U.S. dollar rose to 0.9592 Swiss franc from 0.9546 Swiss franc, and it fell to 1.2811 Canadian dollars from 1.2939 Canadian dollars.
With no major economic data due Tuesday, investors were still monitoring the developments of trade relations between China and the United States.
China suspended tariff concessions on 128 items of U.S. products including pork and fruits starting Monday, according to the Ministry of Finance.
The statement said it was a countermeasure in response to a previous U.S. move to slap tariffs on steel and aluminum imports.
For the rest of the week, traders will watch closely on Friday's jobs report with the hope that it will provide more direction for the U.S. dollar, as well as the Federal Reserve's monetary policy.
The dollar index, which measures the greenback against six major peers, increased 0.18 percent at 90.210 in late trading.
In late New York trading, the euro was down to 1.2268 dollars from 1.2301 dollars in the previous session, and the British pound increased to 1.4056 dollars from 1.4041 U.S. dollars in the previous session. The Australian dollar was up to 0.7680 dollar from 0.7653 dollar.
The U.S. dollar bought 106.58 Japanese yen, higher than 105.84 Japanese yen of the previous session. The U.S. dollar rose to 0.9592 Swiss franc from 0.9546 Swiss franc, and it fell to 1.2811 Canadian dollars from 1.2939 Canadian dollars.
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