Dollar tilted higher against yen in Asian trade to July 19 highs before trimming some gains, following Bank of Japan's meeting minutes, and ahead of the Federal Reserve's policy meeting. 

As of 06:16 GMT, USD/JPY rose 0.08% to 112.89, with a two-month high at 112.98. and a session low at 112.76. 

Japanese Prime Minister Shinzo Abe said in earlier remarks that trade talks with US President Donald Trump in New York were constructive, noting their agreement also on the nuclear-free Korean peninsula principle. 

Bank of Japan released the minutes of its September 19 meeting, at which policymakers kept interest rates unchanged at minus 0.10% while carrying on the quantitative and qualitative easing programs. 

The most notable part of the minutes was the calls from several members to focus on the negatives of easing policies on the economy, which could lead to policy changes down the line. 

Investors await US housing data, with the S&P House Price Index expected with a 6.2% growth rate in July, slightly below 6.3% in June, while an index tracking consumer confidence is estimated at 132.2, compared to 133.4 in August.  

Markets also look forward to the Federal Open Market Committee's September 25-26 policy meeting in Washington, with analysts betting on another 0.25% rate hike to just below 2.25%.

Litecoin slid nearly 2%, or over $1 on Tuesday away from September 5 highs on profit-taking, after marking second weekly gains in row. 

As of 05:58 GMT, Litecoin shed 1.79% to $56.920, with an intraday low at $55.80, and a high at $58.130. 

Litecoin take a hiatus from all the heavy losses of the year to mark two weekly gains in a row, however, the cryptocurrency is still heading for the fifth monthly decline in a row, the longest such losing streak in four years. 

German finance minister Olaf Scholz doubted in recent remarks that cryptocurrencies are capable of replacing traditional money any time soon, even though he's not sure about "20 to 30 years" in the future. 

In China, the People’s Bank of China (PBoC) issued another warning to investors of the risks of Initial Coin Offerings (ICO) and trading cryptocurrencies overall, after issuing a full ban on trading them in September 2017. 

Additionally, Founder of Litecoin Charlie Lee spoke recently about the state of the market for both Bitcoin and Litecoin, expressing beliefs that the current bearish trend would prompt bargain hunters to become active because of how cheap crypto assets have become. 

He stated “I think it’s it’s always good to buy on the way down… That’s what I would recommend people to do… As long as you don’t spend money that you can’t afford to lose, I think that’s fine. I think it’s really bad for people who like mortgage their house, put all their money into a coin and then watch it drop like 80% but as long as you can afford to, I’d say spend some money buy some crypto it’s perfectly fine.”

The Path of Litecoin 

Litecoin was first publicly offered in the first half of 2013 at only $3, marking record lows at below $1 in early 2015 before taking off on its long and spotted journey higher. 

The cryptocurrency pierced $100 for the first time on November 29, 2017, before scaling a record high at $370.78 on December 19, and plummeting back below $100 on June 12, then moving on to $$47.22 on September 12.

Silver futures fell in Asian trade off September 4 highs for the third session, as the dollar index rebounded from July 9 lows, following the release of Bank of Japan's meeting minutes, and ahead of the Federal Reserve's policy meeting. 

As of 05:55 GMT, silver futures due in December fell 0.46% to $14.28 an ounce, while the dollar index inched up 0.11% to 94.29 against a basket of major rivals. 

Bank of Japan released the minutes of its September 19 meeting, at which policymakers kept interest rates unchanged at minus 0.10% while carrying on the quantitative and qualitative easing programs. 

The most notable part of the minutes was the calls from several members to focus on the negatives of easing policies on the economy, which could lead to policy changes down the line. 

Markets now look forward to the Federal Open Market Committee's September 25-26 policy meeting in Washington, with analysts betting on another 0.25% rate hike to just below 2.25%.

Gold futures tilted lower in Asian trade off September 13 highs as the dollar index rebounded from July 9 lows for the third session, following the release of Bank of Japan's meeting minutes, and ahead of the Federal Reserve's policy meeting. 

As of 06:50 GMT, gold futures due in December shed 0.10% to $1,203.20 an ounce, while the dollar index rose 0.16% to 94.34 against a basket of major rivals. 

Bank of Japan released the minutes of its September 19 meeting, at which policymakers kept interest rates unchanged at minus 0.10% while carrying on the quantitative and qualitative easing programs. 

Markets now look forward to the Federal Open Market Committee's September 25-26 policy meeting in Washington, with analysts betting on another 0.25% rate hike to just below 2.25%.