The dollar slipped on Wednesday triggered by China's manufacturing activity advanced faster than expected and at its quickest rate since April 2012, which encouraged traders to move away from the safe-haven greenback and gear towards riskier assets.

The strong Chinese economic figures which bet predictions, with the \(PMI) rocketing up to 52.6 last month from 50.1 in January. The yuan, as well as the Australian and New Zealand dollars, were among the biggest winners.

The US dollar index which gauges the greenback versus its major pairs slumped by 0.11% to 104.87.

EUR/USD nudged up by 0.14% to $1.0591, recovering earlier losses.

GBP/USD ticked up by 0.22% at $1.2045, post soaring by 1% ahead of the week as when the European Union and Britain reached a trade agreement for Northern Ireland.

USD/JPY advanced by 0.15% at 136.41, post rallying near 5% in February, its biggest climb in the last nine months.