FOREX-Dollar nudges up on US yields, euro retreats from 1-month high – 14 March, 2017

* Dollar index supported with U.S. yields near 3-month highs

* Wait-and-see mood before Fed meeting limits movements

* Comments from ECB officials temper euro (Updates prices, adds details and quotes)

By Shinichi Saoshiro

TOKYO, March 14 The dollar inched up against a basket of currencies on Tuesday as U.S. Treasury yields extended their rise ahead of an expected interest rate rise by the Federal Reserve.

The euro pulled back from one-month highs after dovish-sounding comments from European Central Bank officials tempered its recent surge.

With a rate increase already seen as a done deal, investor focus was on what kind of a message the Fed would deliver after its two-day meeting starting later on Tuesday.

Source: Reuters