Currency – The dollar index changes little during a session calm


© Reuters. The dollar index changes little during a session calm

The dollar is steady against its rivals on Tuesday, as investors remain cautious about fiscal reform, and the pending publication of the figures relating to the housing sector in the United States.

The exchange volumes should thin out over the week in view of the Christmas holidays.

The greenback was boosted on Friday after the republicans have developed a bill of review tax radical.

They are confident that the Congress will now pass the invoice tax this week, with a vote in the Senate expected as early as Tuesday.

Market participants turn to the reports on building permits and housing starts, which should be delivered later Tuesday for further indications on the strength of the real estate market.

The index U. S. dollar, which measures the greenback’s strength versus a weighted basket based on the trade of six major currencies, changes little 93.19 at 05:15 a. m. AND (09:15 GMT).

The EUR/USD advance from 0.18% to 1.1803, while the GBP/USD sliding 0.15% to 1.3363.

The euro has ignored the pullback seen on the index of business confidence in Germany, published earlier this Tuesday.

The yen and the swiss franc was virtually unchanged, with the USD / JPY at 112,61, and the USD / CHF to 0,9852.

Moreover, the dollars of australia and new zealand have been stronger, with AUD/USD rising 0.12% to 0,7671 and NZD/USD rising 0.17% to 0,7001.

Earlier on Tuesday, data showed that the business confidence index ANZ in New Zealand has improved with -37,8 in December compared to -39,3 the previous month.

In addition, the meeting minutes of the Reserve Bank of Australia showed that the central bank is more confident that the economy will strengthen again next year, opening up potentially the way to its first tightening in policy since 2010.

During this time, the USD / CAD continued to 1,2866.

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