⁍ The safe haven dollar and Japanese yen rallied on Tuesday.

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⁍ U.S. President Donald Trump called off negotiations with Democratic lawmakers on a coronavirus relief stimulus package.

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⁍ The dollar index against a basket of major currencies jumped to a session high of 93.80.

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– The dollar jumped to a session high against a basket of major currencies on Tuesday after President Trump called off negotiations with Democratic lawmakers on a coronavirus relief package until after the Nov. 3 election. The dollar index against a basket of major currencies jumped to a session high of 93.80, up 0.34% on the day, reports Reuters. The greenback dipped 0.19% against the Japanese yen to 105.52 yen.