Tuesday saw little movement in the dollar relative to the majority of its pairs as economic data continued to demonstrate the strength of the American economy and the likelihood that Fed will maintain peaked interest rates for an extended period of time.

According to a poll released on Tuesday, business activity in the United States surprisingly increased in February, reaching its highest level in eight months.

The dollar index which gauges the US dollar versus its major pairs edged up by 0.02% at 103.87 a bit lower than the previously touched hight at 104.26.

EUR/USD was recently down 0.19% to $1.0666, as figures revealed that manufacturing activity in the euro zone had declined.

GBP/USD extended its two-day advances by surging by 0.38% to $1.2081.

After data revealed an unanticipated uptick in British business activity on Tuesday, which suggested the economy may be avoiding the prospect of a recession, the pound appreciated.