The US dollar struggled to hold onto gains against major peers on Tuesday.<\/p>\n\n\n\n
The euro \u200cwas a shade higher at $1.1668, hovering near a three-month peak hit last week, while sterling was 0.1 percent stronger at $1.3639, near its six-month peak.<\/p>\n\n\n\n
The Canadian dollar held flat at $1.3844, steadying \u200bafter a 0.6 percent dip in the previous session, as the US threatened to raise tariffs on Canadian goods after trade negotiations collapsed.<\/p>\n\n\n\n
The Japanese yen strengthened a tad to 159.21 per dollar, having given back most of its intervention gains but still well off a multi-decade low of about 164.<\/p>\n\n\n\n
The dollar \u200bindex, which measures the US currency against six major peers, was down marginally at 98.96 in Asian trades.<\/p>\n\n\n\n
It climbed 0.16 percent overnight, lifting \u200bit from three-month lows amid a revived debasement trade, but appeared to be struggling to sustain the momentum.<\/p>\n\n\n\n
The New Zealand dollar and the Australian \u200cdollar were up 0.1 percent ahead of the Reserve Bank of Australia’s August policy meeting minutes release, last trading at $0.5965 and $0.7157, respectively.<\/p>\n\n\n\n
In cryptocurrencies, bitcoin was last up 1 percent at $78,817.34, after registering its largest weekly gain in nearly 3-1\/2 years last week.<\/p>\n","protected":false},"excerpt":{"rendered":"
The US dollar struggled to hold onto gains against major peers on Tuesday. The euro \u200cwas a shade higher at $1.1668, hovering near a three-month peak hit last week, while sterling was 0.1 percent stronger at $1.3639, near its six-month peak. The Canadian dollar held flat at $1.3844, steadying \u200bafter a 0.6 percent dip in …<\/p>\n","protected":false},"author":7,"featured_media":64164,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-64163","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-economy"],"_links":{"self":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/64163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/comments?post=64163"}],"version-history":[{"count":1,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/64163\/revisions"}],"predecessor-version":[{"id":64165,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/64163\/revisions\/64165"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media\/64164"}],"wp:attachment":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media?parent=64163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/categories?post=64163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/tags?post=64163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}