The U.S. dollar slipped lower Tuesday ahead of a crucial tax vote, while the euro gained on the raised likelihood for Ukraine-Russia peace talks.

Chinese industrial production grew more than expected in April as factory output remained strong despite some headwinds to overseas demand from steep U.S. trade tariffs.

Thailand’s economic growth saw an uptick in the first quarter of the year, but there are expectations that the rest of the year may not be as robust. The stronger public demand that boosted growth is likely to be balanced out by weaknesses in other areas of the country’s Gross Domestic Product (GDP).

Most Asian stocks fell on Monday as a U.S. rating downgrade and mixed economic prints from China kept investors on edge over slowing growth in the world’s largest economies.

Oil slipped on Monday, weighed down by Moody’s downgrade of the U.S. sovereign credit rating and official data that showed slowing growth in China’s industrial output and retail sales.

The U.S. dollar fell sharply Monday in the wake of a surprise rating downgrade by Moody’s, ahead of a vote on the Trump administration’s tax bill.