Euro zone economic sentiment indicators were also in focus at 1000 GMT.

After four months of increases, economic sentiment nosedived in March, he added.

Data showing German economic sentiment at a six-month high boosted that view.

However, the foundation said economic sentiment in retail trade and services improved marginally.

The dollar slipped against the euro on the better-than-expected German economic sentiment survey.

This is coupled with the generally healthier economic sentiment towards Dubai.

Lower crude oil and fragile global economic sentiment weighed on other vegetable oil markets.

The economic sentiment indicator has reached the highest level in the last five years.

Euro zone economic sentiment increased more than expected in March.

Such an event would lift global economic sentiment and support the dollar, analysts said.

Traders also shrugged off a better-than-expected rebound in euro zone economic sentiment in November.

The equity markets are a general barometer of economic sentiment.

Inflation is subsiding and economic sentiment worsening in the euro zone, according to reports today.

The euro continued to remain supported after a stronger-than-expected German economic sentiment survey on Tuesday.

The market may receive better direction from the euro-zone's headline economic sentiment survey on Friday.

The shared currency was also helped by better-than-expected economic sentiment survey from Germany's ZEW Institute.