The US dollar perched near a two-month peak on Wednesday as investors looked to the Federal Reserve chair's speech this week for cues on the path of monetary policy, while the yen loitered near 146 a dollar, keeping traders guessing on any intervention.
The dollar index , which measures the US currency against six rivals, was at 103.55, not far from the two-month high of 103.71 it touched on Tuesday. The index is up 1.6 per cent in August and is on course to snap its two-month losing streak.
The yen strengthened 0.20 percent to 145.59 a dollar. In other currencies, the euro was up 0.07 per cent to $1.0852, while the Australian dollar rose 0.40 per cent to $0.645. The New Zealand dollar rose 0.29 per cent to $0.596.
Source: Qatar News Agency