Dollar down as trader wait for presidential results

After a steady week last week, Tuesday saw the USD fall slightly against the yen and euro, as investors keep an eye on the presidential election. Analysts are also anticipating an interest rate cut in the UK.

Trading on the markets has been cautious, but the Australian dollar regained some losses after the Reserve Bank of Australia provided another rate cut as it looked to steady its economy.

The US dollar fell around 0.2 percent against both the euro and yen in the session, with the euro up to $1.2670 and the dollar down to 98.86 against the yen.

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