The U.S. dollar was down on Tuesday morning in Asia, with stocks up as some countries reopened their economies the day before.

The U.S. Dollar index that tracks the greenback against a basket of other currencies slipped 0.04% to 99.528 by 12:02 AM ET (5:02 AM GMT).

The USD/JPY pair was down 0.11% to 106.62 as Japan extended its state of emergency to May 31 the day before.

The USD/CNY pair remained steady at 7.0622 ,with investors’ optimism about China’s reopening in the aftermath of the COVID-19 virus mingling with caution amid increased U.S.-China tensions over the origins of the virus.

The AUD/USD pair gained 0.38% to 0.6451 as the Reserve Bank of Australia announces its interest rate policy later in the day.

The NZD/USD pair also gained 0.34% to 0.6067 as the Antiopdean currencies clawed back their losses from the previous session on the back of investors’ increased risk appetite.

The  GBP/USD pair gained 0.16% to 1.2462.

Source: Investing.com