The market has already priced in another interest rate hike in March, so the dollar's scope for further gains on rate hike expectations is limited.

The market has already priced in another interest rate hike in March so the dollar's scope for further gains on rate hike expectations is limited.

The concern is that the protest will lead to violence, which will hinder the government's efforts to cut subsidies and the budget gap. That is weighing on the currency.

The comment suggests the possibility they will raise rates further, supporting the peso. They will maintain the advantage of higher rates.

The dollar-yen will trade in a range of 117-119 yen if the GDP data is in line with the market forecast.

Investors increasingly fear that the US Fed will soon end its rate hike policy, which will keep the dollar in a weak tone against other major currencies.

It seems that investors are beginning to think that rises in US interest rates may continue for longer than previously thought, and in line with this view they are likely to continue covering short dollar positions in the near-term.

An increase in oil imports means more demand out of Japan for the dollar to buy them.

Prospects for widening rate differentials between the U.S. and economies such as Japan and Europe helped the dollar this year and will continue to do so.

The stronger economic outlook is positive for the stock market and may encourage more fund inflows to Asian countries such as South Korea and Taiwan. Such flows are supporting the currencies.