The dollar handed back a sliver of recent gains to commodity currencies on Tuesday as oil prices bounced back, but hung on against the yuan as traders weighed optimism about a coronavirus recovery in China against fears about rising Sino-U.S. tensions.
The Australian and New Zealand dollars inched ahead, after recouping Monday's falls - putting the Aussie back over 64 cents at $0.6445 and the kiwi holding on at $0.6062.
Public holidays in Japan and China lightened trade, while caution on the global growth outlook and looming Australian and New Zealand central bank meetings capped further moves.
The yuan rose to 7.1190 per dollar in offshore trade, recovering from a six-week low of 7.1560 hit in the previous session, but well below the range where it spent last month.
The euro last sat at $1.0914, close to a week-low hit overnight. The pound was rangebound at $1.2461.
Source: Reuters