Forex - AUD/USD re-approaches 4-month lows on China worries

The Australian dollar dropped against its U.S. counterpart on Tuesday, re-approaching a four-month trough as sentiment remained fragile amid ongoing concerns over volatility in China.

AUD/USD hit 0.6953 during late Asian trade, the session low; the pair subsequently consolidated at 0.6956, declining 0.58%.

Forex - NZD/USD slides lower as focus remains on China

The New Zealand dollar slid lower against its U.S. counterpart on Tuesday, as ongoing concerns over volatility in Chinese markets continued to weigh on sentiment.

NZD/USD hit 0.6534 during late Asian trade, the session low; the pair subsequently consolidated at 0.6538, shedding 0.29%.

Gold futures inch lower, tracking weakness in other metals

Gold prices inched lower on Tuesday, as steep declines in other metal commodities, like copper, platinum and palladium, weighed.

Gold for February delivery on the Comex division of the New York Mercantile Exchange shed $1.30, or 0.12%, to trade at $1,094.90 a troy ounce as of 09:45 GMT, or 4:45AM ET.A day earlier, prices dipped $1.70, or 0.15%. The precious metal rallied to a nine-week high of $1,113.10 on January 8.