LONDON/SINGAPORE—The dollar stalled and the euro ticked up on Tuesday as investors reacted to a sharp drop in U.S. bond yields on the back of dovish Federal Reserve comments, as well as the prospect of stimulus from China.
Moves were relatively muted as traders waited for more Fed officials to speak later in the day, as well as minutes from the last Fed meeting to be released on Wednesday and U.S. inflation data on Thursday. Investors were also keeping a close eye on the conflict between Israel and the Palestinian terrorists group Hamas.
