The Indian Rupee (INR) opens on a positive note against the US Dollar (USD) on Tuesday. The USD/INR pair slides to near 88.10 as the US Dollar extends its downside, following dismal United States (US) official job data for August.
EUR/GBP edges lower after two days of gains, trading around 0.8670 during the Asian hours on Tuesday. The currency cross depreciates as the Pound sterling (GBP) receives support after the release of British Retail Consortium (BRC) Like-For-Like Retail Sales, which rose 2.9% year-on-year in August.
The USD/CAD pair trades in negative territory near 1.3800 during the early Asian session on Tuesday. Investors continued to assess the latest US Nonfarm Payrolls (NFP) report, while expectations of extra rate cuts by the Federal Reserve (Fed) keep the Greenback under scrutiny.