India, Feb. 25 -- The U.S. dollar declined against its major counterparts in the New York session on Tuesday, as treasury yields fell and recent economic data suggested a slowdown in growth.

Data from the Conference Board showed a significant deterioration in U.S. consumer confidence in the month of February.

The Conference Board said its consumer confidence index tumbled to 98.3 in February from an upwardly revised 105.3 in January.

Economists had expected the consumer confidence index to dip to 103.0 from the 104.1 originally reported for the previous month.

US President Donald Trump's tariff threats escalated concerns about trade war.

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