"Most FX major currencies firmed on Tuesday as the dollar retreated before a swathe of key economic prints, with the Japanese yen rebounding after Tokyo issued a strong warning that it will intervene in currency markets.

The dollar fell in holiday-thinned trade, with focus squarely on upcoming gross domestic product and personal consumption expenditures index readings due later in the day. Both prints are likely to factor into expectations for U.S. interest rates going into 2026. "