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News / Other data

* The dollar pared earlier losses and sterling fell on Tuesday as traders reckoned banking stress could keep the Federal Reserve and the Bank of England from hiking interest rates much further, or at all, later in the week.

* Lebanon's central bank will begin selling unlimited amounts of U.S. dollars in a bid to halt the spiralling devaluation of the Lebanese pound, Governor Riad Salameh said on Tuesday.

* The U.S. dollar edged higher in early European trade Tuesday but has struggled to climb much above recent fiveweek lows ahead of the start of the latest Federal Reserve policy-setting meeting.

* The Swiss National Bank sold 22.3 billion Swiss francs ($23.97 billion) worth of foreign currencies interventions last year, the central bank said in its annual report published on Tuesday, a reversal from the 21.1 billion francs bought in 2021.

* Most Asian currencies retreated on Tuesday, while the dollar firmed slightly as markets hunkered down ahead of a Federal Reserve interest rate decision this week, while lingering fears of a banking crisis also weighed on sentiment.

* The dollar slid on Monday as investors reacted to UBS' cut-price takeover of its beleaguered rival Credit Suisse CSGN.

Data inference

* No Major Event.

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