The US Dollar Index (DXY) has pared some of its earlier losses due to lower-than-expected Services PMI data from the Institute for Supply Management (ISM).

The US Dollar Index (DXY) has pared some of its earlier losses due to lower-than-expected Services PMI data from the Institute for Supply Management (ISM).

GBP/USD has gained ground on Tuesday after the US ISM Services Purchasing Managers Index (PMI) and Factory Orders both missed expectations.

GBP/USD has gained ground on Tuesday after the US ISM Services Purchasing Managers Index (PMI) and Factory Orders both missed expectations.

EUR/USD extended its gains of more than 0.10% as the Greenback weakness in early Tuesday trading. After meandering at around the day’s lows of 1.0840

EUR/USD extended its gains of more than 0.10% as the Greenback weakness in early Tuesday trading. After meandering at around the day’s lows of 1.0840

Total construction spending fell 0.2% in January, driven by weakness in nonresidential spending. Harsh winter weather also contributed to the decline.

Total construction spending fell 0.2% in January, driven by weakness in nonresidential spending. Harsh winter weather also contributed to the decline.

Total construction spending fell 0.2% in January, driven by weakness in nonresidential spending. Harsh winter weather also contributed to the decline.

The USD Index (DXY) holds above mid-103.00s as investors await key US macro data for cues about the Federal Reserve's (Fed) future policy decisions.

The USD Index (DXY) holds above mid-103.00s as investors await key US macro data for cues about the Federal Reserve's (Fed) future policy decisions.

The USD Index (DXY) holds above mid-103.00s as investors await key US macro data for cues about the Federal Reserve's (Fed) future policy decisions.

The USD Index (DXY) holds above mid-103.00s as investors await key US macro data for cues about the Federal Reserve's (Fed) future policy decisions.

USD/CHF has extended its gains to 0.8860, boosted by strong US PCE inflation data. The Swiss Franc remains on the back foot due to expectations that the SNB will lead the global rate-cut cycle. Investors await the US Manufacturing PMI for further insights

French Finance Minister Bruno Le Maire will announce a lower government growth forecast for 2024 in an interview on TF1 television on Sunday evening, French

French Finance Minister Bruno Le Maire will announce a lower government growth forecast for 2024 in an interview on TF1 television on Sunday evening, French

The Bank of Japan is on track to end negative interest rates in coming months despite the economy's fall into recession, say sources familiar with its thinking

The Bank of Japan is on track to end negative interest rates in coming months despite the economy's fall into recession, say sources familiar with its thinking

U.S. retail sales fell by the most in nearly a year in January, but economists cautioned against reading too much into the decline

U.S. retail sales fell by the most in nearly a year in January, but economists cautioned against reading too much into the decline

U.S. retail sales fell by the most in nearly a year in January, but economists cautioned against reading too much into the decline

The U.S. dollar was slightly lower on Tuesday, but still within striking distance of its three-month high, while the Australian dollar.

The U.S. dollar was slightly lower on Tuesday, but still within striking distance of its three-month high, while the Australian dollar.

Across the pond, investors will turn their focus to minutes of the U.S. Federal Reserve's last meeting, due for release later in the day

If the Fed hadn’t raised interest rates after March 2022, the US economy probably would have continued to overheat, regardless of the favourable supply shift