In this photo illustration, a person is seen holding 100, 50, and 5 U.S. dollar bills in his hand.
The dollar waned on Tuesday following a slight pick up in risk appetite, but it held tight ranges against its peers ahead of key inflation data from major economies this week that markets are looking to for guidance on the global interest rate outlook.
The euro was a touch firmer at $1.0860 despite some dovish comments from European Central Bank policymakers on Monday and data showing German business morale stagnated in May.
Down Under, the Aussie edged 0.03% higher to $0.6657, with the country's monthly consumer price index data also due on Wednesday.
BOJ Governor Kazuo Ueda said on Monday the central bank will proceed cautiously with inflation-targeting frameworks, noting that some challenges are "uniquely difficult" for Japan after years of ultra-easy monetary policy.
Persons:
Rodrigo Catril, Sterling, NAB's, Kazuo Ueda, bitcoin
Organizations:
U.S, European Central Bank, ECB, National Australia Bank, New Zealand, Down, Bank of Japan
Locations:
Asia, Britain, United States, U.S, Tokyo, Japan