The U.S. dollar traded lower against the most major currencies due to decreasing U.S. Treasury yield. The yield on U.S. 10-Year Treasury notes declined to 2.58%.
Market participants are awaiting the release of the last Fed's monetary policy meeting on Wednesday.
The U.S. Bureau of Labor Statistics released its Job Openings and Labor Turnover Survey for May on Tuesday. Job openings increased to 4.6 million from 4.5 million in April.
The euro traded higher against the U.S. dollar after mixed economic data from the Eurozone. Germany's trade surplus increased to €18.8 billion in May from €17.2 billion in April. April's figure was revised down from a surplus of €17.7 billion. Analysts had expected the trade surplus to decline to €15.7 billion in May.
France's trade deficit widened to €4.9 billion in June from a deficit of €4.1 billion in May. May's figure was revised down from a deficit of €3.9 billion. Analysts had expected the trade deficit to increase to €4.1 billion in May.
The British pound declined against the U.S. dollar due to the weaker-than-expected manufacturing production in the U.K., but later recovered a part of its losses. Manufacturing production in the U.K. declined 1.3% in May, missing expectations for a 0.5% gain, after a 0.4% rise in April. That was the largest decline since January 2013.
On a yearly basis, manufacturing production in the U.K. increased 3.7% in May, missing expectations for a 5.6% rise, after a 4.4% gain in April.
Industrial production in the U.K. dropped 0.7% in May, missing forecasts of a 0.3% increase, after the 0.4% rise in April. That was the biggest decline since August 2013.
On a yearly basis, industrial production in the U.K. rose 2.3% in May, after the 3.0% gain in April. Analysts had expected an increase of 3.1%.
The National Institute of Economic and Social Research released its GDP estimate for U.K.
The Swiss franc traded lower against the U.S. dollar after the weaker-than-expected economic data from Switzerland, but later recovered its losses and traded higher. Retail sales in Switzerland declined 0.6% in May, missing expectations for a 1.5% rise, after a 0.4% increase in April.
The Swiss consumer price index decreased 0.1% in June, missing expectations for a 0.1% increase, after a 0.3% gain in May.
On a yearly basis, the Swiss consumer price index was flat in June, missing expectations for a 0.2% gain, after a 0.2% rise in May.
The New Zealand dollar increased against the U.S dollar as ratings agency Fitch raised New Zealand's outlook to positive from stable.
The NZIER business confidence index declined to 32 in the second quarter from 52 the previous quarter.
The Australian dollar traded higher against the U.S. dollar after the better-than-expected economic data from Australia. The National Australia Bank's Business Confidence index was up to 8 in June from 7 in May.
The Japanese yen climbed against the U.S. dollar due to strong economic data from Japan. Bank lending in Japan increased 2.5% in June from a rise of 2.4% in May, exceeding expectations for a 2.3% gain.
Japan's current account surplus rose to 522.8 billion yen in May from a surplus of 187.4 billion yen in April. Analysts had expected an increase to 417.5 billion yen.
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