Movement:

In the Asian session, The euro ticked up towards a two-month peak above $1.3000 on Tuesday, although traders were cautious about bidding it up too much as they await clarity on Deutsche Bank's exposure to euro zone sovereign debt. In the Europe session, The euro rose to an 11-week high versus the dollar on Tuesday, as solid bank earnings lifted equities and encouraged investors to take on more risk. In the US session, The euro pared gains and traded little changed against the dollar on Tuesday, backing off an 11-week high as a drop in U.S. consumer confidence made investors more risk-averse.

US:

The rate of vacancies for U.S. homes slipped slightly in the second quarter, a government report showed on Tuesday, but it was not enough to promise improvement in the hard-hit housing market. The homeowner vacancy rate eased to 2.5 percent from 2.6 percent in the January-March period, the Commerce Department said. Compared with the second quarter of 2009, the rate was unchanged.

Japan:

Japan's corporate services price index (CSPI) fell 1.0 percent in June from a year earlier, the Bank of Japan said on Tuesday. The index, which tracks prices of business-to-business services, rose 0.1 percent from the previous month.

Euro zone:

Euro zone money supply, measured in annual terms, grew in June after 4 months of contractions and the growth rate in loans to the private sector accelerated, the European Central Bank said on Tuesday.  British retail sales grew at their fastest pace in three years in July, and retailers were their most upbeat in 6 years about the prospects for August, a survey by the Confederation of British Industry showed on Tuesday. The CBI's monthly distributive trades survey's reported sales balance jumped to +33 in July from -5 in June, beating analysts' forecast for a reading of zero, as discounting, the World Cup soocer tournament and warm weather boosted sales.