The Australian Dollar outperformed its peers boosted by a rise in base metals, while equities rose. At the close of trade in New York, the AUD/USD pair settled at 0.7141, up from 0.7075 on Monday.
Dollar, Bond Yields Extend Rise Ahead of Key US Inflation Data Summary: The Euro tumbled to 4-month lows after Germany’s ZEW survey showed economic confidence deteriorated sharply in August.