The US dollar maintained its strength at the opening of the week to continue its recovery pattern that was displayed at the end of last week.
This was driven by the PMI data reading for the services sector which jumped strongly above forecasts for March.
However, the figure recorded for the manufacturing sector fell below the 50-point mark, indicating less than satisfactory manufacturing activity.
A report by S&P Global for the composite PMI output index which tracks both sectors showed the strongest growth in private sector activity in the United States (US) in 3 months.
In addition, the development of the tariff issue also provided some support for the more positive US dollar trading at the moment.
President Donald Trump is seen as more flexible for the implementation of reciprocal tariffs that will begin in early April.
However, investors remain wary of the risk of uncertainty that will hit the market in the near future.
This is due to the issue of the tariff war that can affect the pattern of economic growth and also the surge in inflation that can influence changes in the central bank's monetary policy.
The monetary policy changes will also have an impact on financial market movements, especially on the major currencies traded.
In addition to the US PMI, similar data is also published for Germany and the UK with the overall data readings seen as mixed for the manufacturing and services sectors.
Several US economic data will be examined in the New York session tonight involving a consumer confidence survey and home sales data.
