12/09/2017          10:30 am   

  • The Australian dollar was steady against its U.S. counterpart on Tuesday, after the release of downbeat Australian data, while the New Zealand dollar edged higher as market sentiment continued to recover from concerns caused by Hurricane Irma and North Korea.
  • The dollar held on to most of its gains on Tuesday, following a sharp rebound on improving investor risk sentiment as worries over North Korea and Hurricane Irma receded.
  • The dollar fell in Asia on Tuesday as investors noted the impact of the latest U.N. sanctions on North Korea for its weapons programs were weaker than expected and that political risk remained a strong regional concern.
  • The People's Bank of China set the yuan mid-point at 6.5277 against the dollar on Tuesday, compared to the previous close of 6.5260.
  • Canada's dollar, which has soared over 12 percent against its U.S. counterpart since May, will give up some of those gains in coming months as the boost from Bank of Canada interest rate hikes begins to fade, a Reuters poll found on Monday.
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