Investing.com - The dollar trimmed losses against the other majors currencies on Tuesday, but sentiment on the greenback remained fragile as markets prepared for the results of the U.S. presidential election opposing Hillary Clinton and Donald Trump.
EUR/USD was little changed at 1.1038.
Markets were jittery ahead of the results of the U.S. presidential vote, although sentiment remained mildly supported after the FBI informed Congress over the weekend that it had "not changed its conclusions" on the private email server maintained by Hillary Clinton.
The news fueled expectations that the Democratic candidate could win Tuesday’s election, which is seen as more source of stability for financial markets.
Elsewhere, GBP/USD was also steady at 1.2391.
The U.K. Office for National Statistics reported on Tuesday that manufacturing production increased by 0.6% in September, better than expectations for a gain of 0.4%.
However, industrial production fell 0.4% in September, compared to forecasts for a 0.1% rise,
USD/JPY gained 0.30% to 104.79, while USD/CHF added 0.22% to 0.9765.
Japan’s Finance Minister Taro Aso said on Tuesday that Tokyo will need to respond to moves in the currency markets if the U.S. election results cause a sudden spike in the yen.
The Australian and New Zealand dollars were weaker, with AUD/USD down 0.32% at 0.7702 and with NZD/USD slipping 0.16% to 0.7331.
Data earlier showed that China’s imports declined by an annualized rate of 1.4% last month, while exports dropped 7.3%.
China is Australia’s biggest export partner and New Zealand’s second biggest export partner.
Meanwhile, USD/CAD was almost unchanged at 1.3365.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was steady at 97.79, off lows of 97.56 hit earlier in the session.