The dollar rose 0.2 percent against a basket of currencies .DXY but stayed close to Tuesday's three-week lows.
A
run of disappointing U.S. economic data and doubts the Trump
administration will progress with tax cuts have quelled expectations of
faster inflation and boosted U.S. Treasuries.
The greenback rose half a percent against the safe-haven yen JPY=, having hit a five-month low on Monday on the mounting geopolitical tension over North Korea, Syria and the uncertain French election, and last traded just shy of 109 yen.
Just four days before the first round of voting in France, just a few points separate the top four candidates, including two who oppose the euro -- the far-right's Marine Le Pen and the far-left's Jean-Luc Melenchon.
In commodity markets, profit-taking nudged gold down 0.6 percent to XAU= $1,282 an ounce and away from Monday's peak of $1,295.42.
The euro dipped 0.1 percent to $1.0720 but held near a three-week high. Oil prices were little changed. Brent crude LCOc1 was last up four cents a barrel at $54.93.
Copper rebounded from a 14-week low as investors judged that the recent sell-off on the political uncertainties that have weighed on metals in recent weeks was overdone. It last traded at $5,630 a tonne, up 1.1 percent on the day.
The greenback rose half a percent against the safe-haven yen JPY=, having hit a five-month low on Monday on the mounting geopolitical tension over North Korea, Syria and the uncertain French election, and last traded just shy of 109 yen.
Just four days before the first round of voting in France, just a few points separate the top four candidates, including two who oppose the euro -- the far-right's Marine Le Pen and the far-left's Jean-Luc Melenchon.
In commodity markets, profit-taking nudged gold down 0.6 percent to XAU= $1,282 an ounce and away from Monday's peak of $1,295.42.
The euro dipped 0.1 percent to $1.0720 but held near a three-week high. Oil prices were little changed. Brent crude LCOc1 was last up four cents a barrel at $54.93.
Copper rebounded from a 14-week low as investors judged that the recent sell-off on the political uncertainties that have weighed on metals in recent weeks was overdone. It last traded at $5,630 a tonne, up 1.1 percent on the day.
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