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News / Other data

* The dollar held on to modest gains against its peers on Tuesday, supported by strong U.S. economic data, but the greenback was down against the British pound.

* The rouble weakened on Tuesday despite increased demand for the currency ahead of month-end tax payments as President Vladimir Putin delivered a nuclear warning to the West over Ukraine and sanctions fears continued to hurt Russian assets.

* Sterling rose as much as 0.6% to $1.2114, leading gains among the world’s major currencies on Tuesday, after a S&P Global survey of purchasing managers also showed a “sustained increase” in prices. The data prompted traders to fully price a quarter-point hike at the UK central bank’s next meeting and to up the expected peak rate.

* The U.S. dollar edged higher in early European trade Tuesday, retaining its recent strength as traders await more economic clues as to the resilience of the U.S. economy and the likely policy response from the Federal Reserve.

* Most Asian currencies fell on Tuesday, while the dollar advanced against a basket of currencies as markets awaited more cues on U.S. monetary policy from the minutes of the Federal Reserve’s February meeting and more inflation data.

* The dollar edged lower on Monday but kept close to Friday's six-week high, after a flurry of economic data reinforced market expectations of tighter monetary policy from the Federal Reserve.

Data inference

* No Major Event.

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