Dollar Steady as Traders Await Economic Data

he dollar held near two-week highs against the yen and the euro on Tuesday, as investors awaited a series of US economic data that will influence the size of an expected rate cut.

The dollar index, which measures the greenback against six major currencies, fell to 101.69 in early trade, just below a two-week high of 101.79 touched on Monday. The index fell 2.2% in August amid expectations of a US rate cut.

The euro was last at $1.1060, while the yen fell to $147.10 in early trade.

The pound was slightly lower at $1.31425 in early trade, the Australian dollar was down 0.14% at $0.6782, while the New Zealand dollar was down 0.18% at $0.6223.

Source: Qatar News Agency