Dollar edges lower ahead of key US data, bitcoin back in spotlight
TOKYO - The dollar softened against a basket of currencies on Tuesday, mirroring a dip in Treasuries yields as investors awaited key U.S. economic data before the Federal Reserve's monetary policy meeting next week.charged back into the market spotlight with the virtual currency soaring on speculation that the United States could soon approve a bitcoin exchange-traded fund.last sat around 105.47, having lost over 0.5% in the previous session and slipped to its lowest in about a month as U.S.
Market attention next turns to some of the last bits of U.S. economic data before the Fed's meeting on Oct. 31 - Nov. 1, with the flash purchasing managers' index out on Tuesday, and gross domestic product as well as another inflation report due later in the week. The euro extended gains after hitting a one month- high versus the greenback on Monday, perched around $1.0682.
However, the data out of the United States this week could have the yen inching back into the danger zone if it comes in strong.
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