SINGAPORE (Reuters) - The dollar hung around five-week lows on Tuesday as comments from Federal Reserve Chair Jerome Powell bolstered the case for a rate cut in September, while cryptocurrenices gained on rising odds of former President Donald Trump getting reelected.

I’m not going to be sending any signals one way or another on any particular meeting. We’re going to make these decisions meeting by meeting,” Powell said during a question-and-answer session in Washington on Monday.

Federal Reserve Chair Jerome Powell on Monday kicks off what is shaping up as a key week of commentary from U.S. central bank officials taking stock of slowed inflation and mulling whether to signal the start of interest rate cuts because of it.

Asian shares outside Japan edged lower on Tuesday as investors pondered what a Trump victory would mean for China, while the yen resumed its slide, prompting fresh warnings from officials after last week's suspected intervention.

Emerging Asian currencies and stocks were subdued on Tuesday, with Indonesia losing ground ahead of a monetary policy meeting, as investors digested the Fed chief's dovish comments and the rising odds of Donald Trump winning the US presidential race.

Investing.com-- Most Asian currencies moved in a flat-to-low range on Tuesday as speculation over a Donald Trump presidency helped the dollar rise past increased bets on interest rate cuts. The Japanese yen underperformed its peers,