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With the dollar facing the yen, the JPY is anticipating an easing approach to the US Central Bank
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The Japanese yen rose on Tuesday, taking advantage of the dollar's negative impact on concerns about the US economy and expectations that the Federal Reserve will show a policy easing approach at this week's meeting.
The euro benefited from weakness in the greenback, rising 0.2 percent to $ 1.1348.
Markets expect the Fed to adopt a cash-leaning tone when it meets this week, and bets on interest rate cuts rose after weaker-than-expected manufacturing data on Friday.
The dollar index, which tracks the performance of the greenback against a basket of rival currencies, fell 1.3 percent in the last 10 days. Today, the index fell 0.2 percent to 96.415.
The Australian dollar is the main beneficiary of the dollar's decline. The New Zealand and Canadian dollars also performed well.
GBPUSD rallied on the back of the greenback's overall slide against the rivals as investors cautiously await the UK's exit negotiations from the European Union less than two weeks ahead of schedule.
Against the greenback, sterling rose 0.1 percent to $ 1.3267. Sterling rose to a nine-month high against the greenback to around $ 1.34 last week and is currently below 1 percent below those levels.
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