The dollar slipped to fresh milestone lows on the euro, yen and other major currencies on Tuesday, as China guided the yuan higher and its strength spurred broader softness for the dollar ahead of minutes from the Federal Reserve.
China’s central bank set the midpoint of the yuan’s trading band at its strongest since Aug. 7. The yuan hit an almost four-month high of 7.1301 to the dollar in early trade.
Read More : Yuan’s Impact Pushes Dollar to Fresh Downturn