The dollar edged up to a three-week high on Tuesday as investors hope to see a positive outcome from the highly-anticipated U.S.-North Korea summit that could potentially ease tensions on the Korean Peninsula.
U.S. President Donald Trump started a historic meeting with North Korean leader Kim Jong Un in Singapore around 09:00AM ET(01:00 GMT) with both sides seeking to narrow differences over how to end a nuclear standoff on the Korean peninsula.
Trump tweeted “Great to be in Singapore, excitement in the air!” as he arrived in Singapore on Monday to have the first face-to-face meeting between a sitting U.S. president and a North Korean leader.
The U.S. dollar index, designed to track the greenback against a basket of six major currencies, rose 0.17% to 93.72 by 12:40AM ET (04:40 GMT).
