Movement:

In the Asian session, Sterling fell to a nine-month low against the dollar and a one-year low on the yen on Monday, hurt by political uncertainty after an opinion poll showed chances of an inconclusive result in a British election due in months. In the Europe session, The euro slipped on Monday as a significant sell-off in sterling spooked currency markets, prompting a knee-jerk drop in the single European currency versus the dollar.  In the New York session, The euro fell against the U.S. dollar on Monday, led by lingering uncertainty over a bailout for debt-strapped Greece and tracking a sharp sell-off in sterling.

US:

U.S. manufacturing grew in February, though more slowly than expected, while consumer spending rose for a fourth straight month, showing the economy continued a modest recovery. The expansion in national factory activity in February lagged growth in the prior month, a private industry report showed.

Japan:

Japan's jobless rate fell below 5 percent in January for the first time in nearly a year and job availability rose, in a sign steady improvements in exports and output are spreading to other sectors of the economy. But analysts expect the recovery in job conditions to remain slow in the coming months as companies are still far from operating at full capacity in the face of feeble domestic demand.

Euro zone:

Euro zone unemployment remained at 9.9 percent in January and the previous month's jobless numbers were lower than previously thought, data showed, defying expectations of further labour market deterioration. The European Union's statistics agency said unemployment in the 16-country currency area stayed unchanged from the downwardly revised December reading. It had previously estimated December unemployment at 10.0 percent. British mortgage approvals fell silghtly more than expected in January but consumer and mortgage lending picked up more than forecast, Bank of England figures showed on Monday. Total mortgage approvals for house purchase numbered 48,198 in January, down from 58,223 in December and weaker than analysts' forecasts of 50,000. The BoE said that the decline could have been partly due to bad weather and the end of an exemption in stamp duty tax for cheaper houses.