Aussie is now just 33 pips away from a 10-month high and 54 pips near 21-month high.
Taiwanese economy expanded 2.88% from a year earlier in the three months to December.
The US is expected to continue to expand at a moderate pace and waiting too long to raise rates would be unwise, Yellen said on Monday.
Food inflation in New Zealand went up 1.4% year-on-year in January to its highest since March 2015.
The business confidence index released by National Australia Bank has jumped to a three-year high of 10.0 in January from 6.0 in December.
The CPI jumped 2.5% y-y in January, its highest since May 2014, beating consensus of 2.4%, and up from December rate of 2.1%
The DAG will lead MAS' efforts to harness the power of data analytics to unlock insights and enhance the supervision of financial institutions.
The MAS said it wants to strengthen financing channels for next-generation Asian growth companies and build technology infrastructure to drive innovation.
Retail sales and trade data for January and final print for Q4 GDP are the data slated for this week.
China's trade surplus is up to 1-year high, RBNZ says exchange rate higher than required and oil was up on fresh EIA output assessment.
The exports spurt came despite Trump's election as US President spooked Asian manufacturing countries.
The trade gap was $2.564 bln in December, near November's 10-month low of $2.566 bln and January's all-time low of $2.638 bln
The growth forecast for the year to June 30 was cut by 1% to 1.5-2.5% and the 2018 growth to 2.75%-3.75%, down 0.25 %, from the November forecast.
Anti-globalisation trend and technological breakthroughs will redraw economic landscape
Charts suggest more upside for the rupee, at least up to 66.60/dollar, in the near term.