Singapore, November 02 (QNA) – The US dollar slipped from near a one-week peak versus major peers on Wednesday, with traders on tenterhooks before a looming Federal Reserve rate decision that should also give clues on the future policy path.
The dollar index, which gauges the greenback against a basket of six counterparts that includes the yen, euro and sterling, eased 0.14% to 111.32, but still not far below Tuesday’s high of 111.78, which was the strongest level since Oct. 25.
On Wednesday, the Japanese currency jumped suddenly by about half a yen to 147.4 per dollar.
The euro edged up 0.14% to $0.9887, but still close to the previous session’s one-week low at $0.98535.
Sterling rose 0.24% to $1.1513, but remained not far from Tuesday’s one-week low of $1.14365.
The Australian dollar rose 0.43% to $0.6421.
The New Zealand dollar rose 0.46% to $0.5866, garnering additional support after an upbeat jobs report reinforced the case for a super-sized increase in interest rates this month from the Reserve Bank of New Zealand. (QNA)