Investing.com - The dollar held steady against the other major currencies on Tuesday, as sentiment slightly improved after the debate between U.S. Presidential nominees Hillary Clinton and Donald Trump and markets continued to recover from the Federal Reserve’s latest policy decision.
EUR/USD slipped 0.09% to trade at 1.1243.
Concerns related to the U.S, Presidential debate late Monday eased as analysts considered that Hillary Clinton did better than her rival Donald Trump.
Markets tend to see Clinton as a status quo candidate, while few are sure what a Trump presidency might mean for international trade deals or the U.S. economy.
Meanwhile, the greenback continued to recover from losses posted after the Fed decided to leave interest rates unchanged at the conclusion of its policy meeting last Wednesday.
USD/JPY edged up 0.09% to 100.41.
The yen had strengthened after Bank of Japan Haruhiko Kuroda said on Monday that the central bank is ready to use every available tool to achieve its 2% inflation target, including additional stimulus measures.
The pound edged lower, with GBP/USD down 0.22% to 1.2947, close to Friday’s six-week low of 1.2912, while USD/CHF was little changed at 0.9689.
The Australian and New Zealand dollars were stronger, with AUD/USD up 0.35% at 0.7662 and with NZD/USD advancing 0.41% to 0.7304.
Elsewhere, USD/CAD eased 0.08% to trade at 1.3215, after hitting a six-month high of 1.3276 overnight.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was steady at 95.25.