Asian currencies \u2013 from India to Philippines \u2013 were under pressure Tuesday morning even as the dollar moved slightly up.<\/p>\n
The\u00a0<\/span>U.S. Dollar Index<\/a><\/span>, which tracks the greenback against a basket of currencies, was up 0.03% to 95.13 at 11:30PM ET (GMT 03:30). The dollar lost some ground overnight against the euro and the pound sterling after hopes improved for a Brexit deal over the next few weeks.<\/p>\n The Japanese yen gave up some ground against the dollar, with\u00a0<\/span>USD\/JPY<\/a><\/span>\u00a0<\/span>up 0.29% to 111.44. Although U.S. President Donald Trump\u2019s latest plan of adding tariff on\u00a0<\/span>a further $267 billion Chinese goods<\/a><\/span>\u00a0<\/span>has not gotten an elaborated response from Beijing, the fear of the trade war still looms, and investors may go back to the safe haven currency yen.<\/p>\n The Indian rupee continued fall in Asia, tapping new lows against the dollar even as the greenback climbed. The rupee has lost about 12% this year. The\u00a0<\/span>USD\/INR<\/a><\/span>\u00a0<\/span>was down 0.14% to 72.485 having narrowed some losses.<\/p>\n The Philippine peso has also been losing ground against the dollar and is down more than 6% over the last year. The\u00a0<\/span>USD\/PHP<\/a><\/span><\/p>\n