NEW YORK—The U.S. dollar index recovered after falling on Tuesday as volatile oil prices impacted the euro and markets grappled with the significance of talks between Russia and Ukraine and indications that COVID-19 lockdowns will crimp economic growth in China.
The dollar index against major currencies was up less than 0.1 percent in the New York afternoon as markets awaited statements on Wednesday from the U.S. Federal Reserve after a meeting on monetary policy.
