The dollar moved higher in N.Y. trade on Tuesday, with buyers stepping inahead of what will almost surely be a 25 basis point Fed rate hike on Wednesday. The DXY topped at 90.40, a near three-week high, and closed above its 50-day moving average, which stands at 89.95. EUR-USD opened the session near 1.2310, and made its way to 1.2254 lows. USD-JPY peaked at 1-6/60 early in the session, before settling on either side of 106.40. USD-CAD rallied to 1.3101 highs before easing to 1.3075, while cable idled on either side of 1.4000.
[EUR, USD]