Dollar Steady Before Fed Minutes; Yen Hovers Near 145-Mark

Dollar Steady Before Fed Minutes; Yen Hovers Near 145-Mark
U.S. dollar and Japan yen notes are seen in this photo illustration on June 2, 2017. Thomas White/Reuters
Reuters
Updated:

LONDON—The U.S. dollar held steady against other major currencies on Wednesday as traders waited for minutes from the Federal Reserve’s last policy meeting that could offer clues to the outlook for interest rates.

Australia’s dollar fell in line with the Chinese yuan after data showed China’s services activity expanded at the slowest pace for five months in June, the latest sign of a sputtering post-pandemic recovery in the world’s second-largest economy.