The dollar\u202fremained steady in morning trade in Asia Tuesday, hovering near the 94 value, while the Aussie looked bearish ahead of the rate decision of Reserve Bank of Australia (RBA) that will come later in the day. The yen dropped after Japan posted softer-than-expected home spending data.<\/p>\n
The\u00a0<\/span>U.S. dollar index<\/a><\/span>, which tracks\u202fthe greenback against a basket of six major currencies,\u202fremained steady above the 94 level, adding 0.1% to 94.03 at 11:35PM ET (03:35\u202fGMT).\u202f Ever since the dollar index reached this year\u2019s high at 94.93 last Wednesday, it has been oscillating around the 94 level.<\/p>\n Investors also eye the development of the U.S.-North Korea summit, as the White House confirmed a time for U.S. President Donald Trump to meet with his North Korean counterpart Kim Jong-un. The two are set to meet at 9 a.m. Singapore time on June 12, but Press Secretary Sarah Huckabee Sanders noted that sanctions would continue unless North Korea denuclearized.<\/p>\n The easing tensions on the Korean Peninsula boosted the South Korean won. The\u00a0<\/span>USD\/KRW<\/a><\/span>\u00a0<\/span>pair lost 0.22% to 1068.01.<\/p>\n","protected":false},"excerpt":{"rendered":" The dollar\u202fremained steady in morning trade in Asia Tuesday, hovering near the 94 value, while the Aussie looked bearish ahead of the rate decision of Reserve Bank of Australia (RBA) that will come later in the day. The yen dropped after Japan posted softer-than-expected home spending data. The\u00a0U.S. dollar index, Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[9,10,1],"tags":[],"class_list":["post-779","post","type-post","status-publish","format-standard","hentry","category-homepage","category-latest-news","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/posts\/779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/comments?post=779"}],"version-history":[{"count":1,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/posts\/779\/revisions"}],"predecessor-version":[{"id":780,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/posts\/779\/revisions\/780"}],"wp:attachment":[{"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/media?parent=779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/categories?post=779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/tags?post=779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}