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By Powell's comments will be evaluated for any new signs of hawkishness, with key jobs data for November due on Friday. The dollar index has fallen to 106.82 from a 20-year high of 114.78 on "We had a sizable reversal in the dollar since the October CPI report, so that's probably a symptom of Fed tightening fading as a force of dollar support as markets increasingly look for peak Fed policy early next year," said The U.S. central bank is expected to hike rates by an additional 50 basis points when it meets on Traders are pricing for the Fed funds rate to peak at 5.01% in June, before falling back to 4.64% by The euro fell 0.15% against the U.S. currency to Moves in dollar/yen are highly correlated to U.S. interest rate policy and the Japanese currency has benefited as investors pare back expectations for further aggressive U.S. rate hikes. Data on Tuesday showed that U.S. consumer confidence slipped to a four-month low in November, with households less keen to spend on big-ticket items over the next six months amid high inflation and rising borrowing costs. A separate report on Tuesday showed the S&P CoreLogic Case-Shiller national home price index rose 10.6% on a year-on-year basis in September, slowing from August's increase of 12.9%. The Aussie jumped after health officials said that Risk appetite had worsened on Monday after protesters and police clashed over the stringent COVID restrictions. Chinese authorities have begun inquiries into some of the people who gathered at weekend protests as police remained out in numbers on the city's streets. The risk-sensitive Aussie dollar, which is strongly tied to Chinese growth, gained 0.46% to The offshore yuan also rose against the dollar to 7.1445. Euro zone inflation data due on Wednesday is also in focus after figures showed inflation in European Central Bank President ======================================================== Currency bid prices at Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Dollar index 106.8200 106.6200 +0.21% 11.663% +106.8600 +106.0500 Euro/Dollar Dollar/Yen 138.6850 138.9050 -0.15% +20.48% +139.3450 +137.8900 Euro/Yen 143.18 143.64 -0.32% +9.87% +144.0200 +143.0200 Dollar/Swiss 0.9540 0.9489 +0.55% +4.60% +0.9544 +0.9461 Sterling/Dollar $1.1946 $1.1958 -0.09% -11.66% +$1.2063 +$1.1946 Dollar/Canadian 1.3584 1.3496 +0.69% +7.47% +1.3645 +1.3409 Aussie/Dollar Euro/Swiss 0.9847 0.9811 +0.37% -5.03% +0.9871 +0.9814 Euro/Sterling 0.8639 0.8647 -0.09% +2.85% +0.8652 +0.8608 NZ Dollar/Dollar Dollar/ Euro/ Dollar/ Euro/ (Additional reporting by
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