Data:

00:00 Australia Consumer Inflation Expectation March +2.5% +2.7%

00:30 Australia New Motor Vehicle Sales (MoM) February +1.2% +2.2% 0.0%

00:30 Australia New Motor Vehicle Sales (YoY) February +2.7% +1.7%

The dollar reached an 11-month high against the yen before U.S. data forecast to show regional manufacturing expanded and initial jobless claims decreased, adding to signs the American economy is gathering momentum.

The greenback was near the highest level in four weeks against the euro amid reduced bets the Federal Reserve will begin a third round of bond purchases, or quantitative easing, which could debase the world’s reserve currency.

The yen slid against most major counterparts as Asian stocks rose for a third day, curbing demand for the lower-yielding Japanese currency.

EUR/USD: the pair receded from a yesterday's low in $1.3000 area and become stronger in $1.3040 area.

GBP/USD: the pair was limited $1.5630-$ 1.5675.

USD/JPY: the pair showed high above Y84.00 then receded.

EMU data at 1000GMT sees Q4 employment and labour costs data.

UK data at 0930GMT is limited to February car production data.

A busy US data schedule starts at 1230GMT with the Producer Price Index, weekly initial jobless claims and also the NY Fed Empire State Survey. Producer prices are expected to rise 0.5% in February after soft readings in the previous two months. After falling recently, both energy and food prices are expected to rebound in February. The core PPI is expected to rise 0.2% after the 0.4% jump in January. Initial jobless claims are expected to fall 5,000 to 357,000 in the March 10 week after rising 8,000 in the previous week. Claims have remained in a tight range in recent weeks. The NY Fed Empire State

Manufacturing Index is expected to fall to a reading of 18.0 in March after jumping to a reading of 19.53 in February. This is followed at

1300GMT by the latest TICS report and then at 1345GMT by the weekly Bloomberg Comfort Index and at 1400GMT by the Philadelphia Fed index,