On Wednesday, the evergreen buck traded sideways in Asia in a light data day regionally.
The currency pair USD/JPY hit 112.27, declining 0.10%, while AUD/USD reached 0.7631, ascending 0.05%.
The US dollar index, estimating the greenback’s value against a trade-weighted basket of six crucial currencies, stood intact at 100.39.
Overnight, the major American currency pared back revenues against a basket of the other key currencies, while the common currency remained on the back foot as ascending political risk in the euro zone weighed.
Sentiment on the common currency was affected by worries over the possibility of a Brexit or Trump-style shock result in France’s approaching presidential election. Concerns as for elections in the Netherlands, Germany and probably Italy, and the ongoing row over Greece’s bailout greatly contributed to worries over political risk in the euro area.
