The US dollar steadied in Asian trading on Tuesday after
several volatile sessions as investors awaited US inflation data that could
strengthen expectations of interest rate hikes and provide fresh support for
the currency.
A decline in oil prices and overnight gains in global stock
markets had weakened the dollar on Monday as investors shifted back towards
riskier assets.
The Australian dollar, which is sensitive to trade
conditions and investor sentiment, gained nearly 1 percent on Monday to r...
