Currencies: Dollar steadies as investors watch for clues on U.S. interest rates

The dollar was flat against the yen and the euro during Asian trade Tuesday as investors awaited fresh trading cues, including signals about the timing of a possible U.S. interest-rate increase this year.

The Australian dollar weakened after the country’s central bank cut its benchmark interest rate.

The U.S. dollar USDJPY, -0.72% gained to ¥102.32, compared with ¥102.39 late Monday in New York. The euro EURUSD, +0.3135% was at $1.1180 from $1.1161, while the common currency EURJPY, -0.40% rose to ¥114.39 from ¥114.31.

The WSJ Dollar Index BUXX, -0.31% , a measure of the dollar against a basket of major currencies, was down 0.09% at 86.72.

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