Investing.com - The dollar was little changed against the euro and the yen on Tuesday, with the currencies staying in recent ranges after upbeat factory data from China and the U.S. on Monday was offset by weaker private sector data from the euro zone.
EUR/USD was steady at 1.3598, holding above the lows of 1.3573 reached on Monday.
The pair was likely to find support at 1.3540 and resistance at 1.3630.
The outlook for the U.S. recovery was boosted after data on Monday showed that manufacturing activity grew at the fastest rate in four years in June, with the Markit manufacturing purchasing managers’ index rising to 57.5 from 56.4 in May.
Another report showed that China’s HSBC manufacturing PMI came in at 50.8 in June, the first time the index rose above the 50 level separating growth from contraction in six months.
But this was overshadowed after PMI surveys on service and manufacturing sector activity in the euro zone indicated that the recovery is losing momentum.
The shared currency edged higher against the yen, with EUR/JPY inching up 0.06% to 138.72, off Monday’s lows of 138.27.
Elsewhere, the dollar was steady against the yen, with USD/JPY at 101.95.
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