Global stocks and the dollar held steady on Tuesday as trade talks between the United States and China continued into a second day, giving investors some reason to believe tensions between the world's two largest economies may be easing.

The dollar was staring at yet another daily loss as the U.S. and China were set to kick off a fresh round of trade talks in London. The U.S. Dollar Index, which measures the value of the dollar agains

The U.S. dollar was slightly up on Monday as investors awaited tariff related decisions from trade talks between the U.S. and China, expected to be held later in the day in London