Investing.com - The Japanese yen was slightly weaker and the Australian dollar a tad stronger ahead of central bank announcements in both countries on Tuesday.
USD/JPY traded at 101.55, up 0.01, while AUD/USD held at 0.9394, up 0.02%, ahead of the releases.
The Reserve Bank of Australia releases the minutes of its July board meeting at 1130 Sydney time (0130 GMT), with expectations for some slightly dovish language.
Then the Bank of Japan is set to announce its latest policy decision around 1230 Tokyo time (0330
The BoJ board is likely to stand pat on monetary policy at its two-day meeting as the economy has been moving in line with its recovery scenario presented in April.
BoJ Governor Haruhiko Kuroda''s regular post-meeting news conference is due to start at 1530 (0630 GMT).
Overnight, the dollar held steady against most major currencies on as investors stood on the sidelines before Federal Reserve Chairwoman Janet Yellen testifies before Congress on Tuesday and Wednesday.
In the minutes of the Federal Reserve''s June policy meeting released last week, the U.S. central bank predicted an October close to its bond-buying stimulus program but did not hint at a timetable as to when interest rates may begin to rise afterwards.
Elsewhere, euro zone industrial output numbers that met market expectations boosted the single currency over the greenback.
The US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, was flat at 80.21.
On Tuesday in addition to Yellen, the U.S. is to release data on retail sales, the government measure of consumer spending, which accounts for the majority of overall economic activity.
The U.S. is also to release data on import prices, business inventories and manufacturing activity in New York state.
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