The U.S. dollar was seen falling against its peers on Tuesday amid a lack of any clear market catalysts. In the UK, data showed that consumer prices edged higher once again in January. Headline CPI was seen rising 3.0% on an annual basis while core CPI was also seen higher at 2.7%.
The dollar maintained its strength against its rivals during the Asian trading hours as experts downgraded the impact of Hurricane Irma, while the UN Security Council approved a lighter package of sanctions on North Korea.
As Japanese markets were back in business after yesterday’s “Respect for the Aged Day” holiday, major indices in the country enjoyed the bullish reaction that equity benchmarks across the world had experienced the day before.