Forexpros — The U.S. dollar was broadly higher against its major counterparts on Tuesday, as investors awaited a vote by Slovakia to ratify an expansion of the euro zone’s rescue fund.
During European morning trade, the greenback was up against the euro, with EUR/USD shedding 0.38% to hit 1.3588.
Slovakia is to be the last of the euro zone’s 17 members to vote on a deal to enhance the size and powers of the European Financial Stability Fund but deep divisions within the government on the issue provoked tensions among investors ahead of the vote.
The greenback was also up against the pound, with GBP/USD sliding 0.30% to hit 1.5619.
Earlier in the day, official data showed that manufacturing output in the U.K. grew at the slowest rate in 18 months in the year to August, adding to concerns over a slowdown in U.K. growth.
Elsewhere, the greenback was almost unchanged against the yen but posted gains against the Swiss franc with USD/JPY dipping 0.01% to hit 76.66 and USD/CHF adding 0.60% to hit 0.9092.
In addition, the greenback was higher against its Canadian, Australian and New Zealand cousins, with USD/CAD surging 0.72% to hit 1.0331, AUD/USD falling 0.69% to hit 0.9922 and NZD/USD shedding 0.49% to hit 0.7802.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.34% to hit 78.14.
Also Tuesday, officials from the European Union, International Monetary Fund and European Central Bank were to release a statement after negotiations with Greece on the country’s next tranche of aid concluded.
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