Forex: Tuesday's review

The Swiss franc rose against all of its 16 most-traded counterparts as violence in Libya boosted demand for the currency as a refuge.
The euro pared its drop versus the dollar after Yves Mersch, a European Central Bank council member, said the ECB may toughen its stance on inflation as soon as next week. 
The Frankfurt-based ECB is scheduled to hold its next policy meeting on March 3.
Oil climbed on concern turmoil in North Africa and the Mideast will disrupt supplies. Crude oil for April delivery gained as much as 2.7% to $108.57 a barrel in London, the highest since September 2008.
Stocks fell, with the Standard & Poor’s 500 Index dropping 1.5% and the MSCI World Index losing 1.1%. 
The dollar briefly gained versus the euro after the S&P/Case-Shiller index of home values in 20 U.S. cities fell 2.4% in December, the biggest year-over-year decrease since December 2009, according to figures from the group. The median forecast of economists was for a 2.3% drop.
The Conference Board’s index of sentiment increased to 70.4, the highest since February 2008, from 64.8 the prior month, figures from the private research group showed today. 
New Zealand’s dollar slumped after an earthquake struck the nation’s second-largest city, killing at least 65, while the yen gained versus the greenback as U.S. Treasury yields fell to almost three-week lows.

EUR/USD: the range of the yesterday's session exceeded 170 points. 

GBP/USD: on results of yesterday's session the pair decreased in around $1.6130.

USD/JPY: on results of yesterday's session the pair  decreased in around Y82.80.

The main focus for the morning will be on the minutes of the latest Bank of England meeting, which are released at 0930GMT and many expect will show increasing support for a rate hike. There has been no shortage of evidence that the MPC is deeply divided and the debate at the February meeting was likely vociferous. The vote will reveal if there were any further recruits to January's two person rate hike camp. 

EMU industrial orders data follows, at 1000GMT. 

US data starts at 1200GMT with the weekly MBA Mortgage Application Index, which is followed at 1245GMT by the weekly ICSC-Goldman Store Sales data and at 1355GMT by the weekly Redbook Average. US data continues at 1500GMT, when the pace of existing home sales is forecast to slow to 5.25 million in January following the 12.3% surge in December.