Dollar remains broadly higher after upbeat U.S. data

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The dollar remained broadly higher against a basket of other major currencies on Tuesday, after data showed that U.S. consumer confidence re-approached the highest level since 2007 this month, adding to expectations for a U.S. rate hike in the coming months.

In a report, the Conference Board said its index of consumer confidence rose to 101.3 this month from a reading of 98.8 in February, whose figure was revised from a previously reported 96.4. Analysts expected the index to decline to 96.0 in March.



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