• The dollar largely weathered a mixed bag of U.S. housing figures with the market reluctant to place major bets before hearing from the Fed on Wed. The Fed's 2 p.m. ET decision Wed, along with a presser by the chair, holds the keys to the dollar's coming prospects. 
  
  
• The elevated uncertainty attached to the Fed means markets could be in store for higher volatility on Wednesday. 
  
  
• Severe winter weather likely played a role in U.S. housing starts which sank 17 percent in February to 897,000 units, the weakest in a year. But the future-looking building permits offered a silver lining as they topped forecasts with a 3 percent gain to 1,092,000 units, the best since Oct.