The minutes released earlier on Wednesday signaled the potential for an earlier-than-expected hike in interest rates.
Amid robust signs from the labor market moving closer to normal, the Fed does not want a planned rate hike until the recovery looks more convincing, the minutes showed.
At the meeting, the FOMC voted 9-1 to maintain its current policy of gradually withdrawing stimulus.
The US dollar rose to nearly a 1-year high of 1.3241 against the euro, from an early low of 1.3259. At yesterday's close, the greenback was trading at 1.3319 against the euro. If the greenback extends its uptrend, it is likely to find resistance around the 1.322 area.
Against the Swiss franc, the greenback appreciated to a 7-month high of 0.9150, from an early low of 0.9132. The pair was quoted at 0.9092 at yesterday's close. On the upside, 0.92 is seen as next resistance level for the greenback.
The greenback rallied to a 4-1/2-month high of 1.6577 against the pound, from an early low of 1.6599. The greenback may test resistance near the 1.652 region.
Moving away from an early low of 103.66 against the yen, the greenback advanced to a 4-1/2-month high of 103.95. Continuation of the bullish trend may lead the greenback to a resistance around the 104.02 mark.
Data from Markit Economics showed that the manufacturing sector in
Looking ahead, Swiss trade data for July is due at
In the European session, PMIs from major European economies for August,
In the New york session, US weekly jobless claims for the week ended
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