India, March 24 -- The U.S. dollar moved up against its major counterparts in the New York session on Monday, following the release of strong services PMI for March.
Flash survey results from S&P Global showed that the services PMI climbed to 54.3 from 51 in February.
By contrast, the manufacturing PMI dropped to 49.8 from 52.7 in the previous month.
Meanwhile, President Donald Trump plans to hold back some of the reciprocal tariffs set to take effect on April 2nd.
A report from the Wall Street Journal said Trump is narrowing his approach to the tariffs, likely omitting a set of industry-specific tariffs.
The greenback climbed to more than a 2-week high of 1.0781 against the euro and a 10-day high of 0.5710 against the kiwi. The greenb...