Washington: The dollar held its ground on Wednesday as geopolitical risks kept markets on edge and investors awaited minutes from the Federal Reserve for signals on future rate cuts. The yen was steady after data showing a rebound in Japanese manufacturer sentiment and after President Donald Trump announced the first tranche of mega-investments Tokyo is making in the US.
According to Qatar News Agency, the kiwi held gains before a decision by the Reserve Bank of New Zealand, which is widely expected to hold on rates. The dollar index, which measures the greenback against a basket of currencies, was little changed at 97.11 after a two-day advance.
The euro was steady at $1.1852. The yen strengthened 0.1% to 153.12 per dollar. Sterling held at $1.3563, after a 0.5% slide in the previous session.