SINGAPORE/TOKYO/HONG KONG, Aug 16 (Reuters) - The safe-haven U.S. dollar hovered near a one-week high on Tuesday while the Aussie, euro and Chinese yuan remained under pressure as weak global economic data regnited recession fears.
The dollar index , which measures the greenback against six major peers, held steady at 106.51, just below the previous session's peak of 106.55, the strongest since Monday of last week.
The euro , the most heavily weighted currency in the dollar index, was little changed at $1.0158 after earlier dipping to the weakest since Aug. 5 at 1.0154.
Sterling was 0.1% down at $1.2040, the lowest since Aug. 5.
Against the yen , a much sought after haven currency, the dollar eased 0.09% to 133.19.
The global safety bid was driven by a raft of weak world economic indicators. On Monday, data showed U.S. single-family homebuilders' confidence and New York state factory activity fell in August to their lowest levels since near the start of the COVID-19 pandemic.
That followed surprisingly weak Chinese activity data spanning industrial output, retail sales and fixed-asset investment as a nascent recovery from draconian COVID-19 lockdowns faltered.
Against the offshore yuan , the dollar rose 0.07% to 6.8174, heading back toward Monday's high of 6.8200, a level last since in mid-May.
The Australian dollar sank as low as $0.70005, threatening to drop below the psychological 70 cent mark for the first time since Wednesday.
New Zealand's kiwi dipped to $0.6349, also the lowest since Wednesday.
The Reserve Bank of New Zealand is widely expected to raise rates by half a point again on Wednesday, with the focus on whether policymakers follow the Federal Reserve and Reserve Bank of Australia in shifting to a more data-driven approach.
"The weakness in the U.S. and Chinese economies is typically a bad sign for commodity currencies," including Aussie and kiwi, Commonwealth Bank of Australia strategist Joseph Capurso wrote in a note to clients.
"The path of least resistance for NZD is lower until the Reserve Bank of New Zealand's policy meeting tomorrow."