The greenback ticked up on Tuesday, striving to rebound after experiencing steep dips at the wrap up of the earlier week, while the yen slumped regardless allegations of possible further intervention.

The dollar index that gauges the greenback versus its major pairs advanced by 0.12% at 105.090, post slumping at 104.52 on Friday, hitting a trough for less than a month.

The greenback muted, rebounding a bit from the earlier week’s drop following dismal NFP figures that drove traders to project rate cuts by Fed.

Traders are currently predicting that Fed will likely ease its monetary policy and start rate cut.

EUR/USD dipped to 0.11% to 1.0760, following figures that manifested that the German exports recovered in March, supported by solid US and demand in for the German products, but the negative month for industrial orders quashed hopes for fast economic rebound.

USD/JPY advanced by 0.2% to 154.13, recovering following the pair’s dip at 151.86 on Friday.

GBP/USD edged down by 0.2% to 1.2534, before BOE’s meeting scheduled on Thursday.