Asia Stocks, Euro Steady As Markets Pause For Breath After French Election

Asian equities were steady on Tuesday and the euro retained gains as markets' euphoria over a centrist victory in the first round of the French presidential election subsided, though near-term investor sentiment remains positive.

The risk rally has kept safe-haven assets, including the yen and gold came, under pressure, while the Canadian dollar fell after the US announced new duties averaging 20 percent on Canadian softwood lumber imports.

The Canadian currency tumbled to a four-month low as the US dollar strengthened 0.35 percent to CUSD 1.3543.

MSCI's broadest index of Asia-Pacific shares outside Japan was little changed early on Tuesday.

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