The U.S. dollar held on to its gains after climbing higher in the wake of stronger-than-expected economic data, reversing a previous loss that had the buck trading at a nine-day low.
This move also led to some of its rivals reversing course, including the euro, which had already been knocked by weaker-than-anticipated eurozone inflation data.
Otherwise, commodity- and trade-linked currencies, including the antipodean dollars and the Canadian dollar, remained under pressure given the fears over potential trade wars with the U.S.