The dollar index was little changed at 97.51, after a two-day advance

The dollar held gains on Tuesday as positive economic readings and shifting expectations for U.S. central bank policy outweighed concerns about another government shutdown.

The Aussie rose after the Reserve Bank of Australia delivered on an expected rate hike, the first of three major central bank decisions this week. The yen remained lower days before a pivotal election in Japan, and as the finance minister played down comments from the nation’s premier on the benefits of a weak currency.

The dollar continued gains overnight following Kevin Warsh’s nomination as the next U.S. central bank chief and after the country’s manufacturing data showed a return to growth. An impasse in Washington will delay a key labour report on Friday, but geopolitical tensions ratcheted down as the U.S. reached a trade deal with India.

The dynamic has lifted hopes that the U.S. growth story is broadening out, Kyle Rodda, a senior market analyst at Capital.com, wrote in a note about the factory report. The data also boosted the dollar, which added to the bounce that began on Friday after Trump’s selection of Kevin Warsh.

The dollar index, which measures the dollar against a basket of currencies, was little changed at 97.51, after a two-day advance. The euro was up 0.1% at $1.1802, and the yen tacked on 0.1% to 155.47 per dollar.

The RBA increased its key interest rate on Tuesday, restarting its hiking cycle after three cuts last year.

The Australian dollar gained 0.7% to $0.6992. New Zealand’s kiwi firmed 0.3% to $0.6017, while sterling added 0.1% to $1.3678.

Investors have sold the yen and Japanese government bonds in the run-up to a lower house election on February 8 on bets that a strong showing for Prime Minister Sanae Takaichi’s party would give her a free hand to expand stimulus.