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Dollar Maintains Gains Against Other Currencies

Singapore, June 18 (QNA) – The US dollar held onto gains against major currencies early on Wednesday, as investors awaited theآ Federal Reserve decision on interest rates later in the day.

The dollar firmed as much as 0.1% against the yen to touch a one-week top. It was last at 145.21 yen.

In early Asia trade, the Swiss franc was flat at 0.816 a dollar and the euro was up 0.1% at $1.149.

A broader index tracking the greenback against six other currencies was little changed after a 0.6% jump in the previous trading session.

The dollar has found support as a safe bid, firming roughly 1% against the Japanese yen, Swiss franc and euro since Thursday, helping it shave declines from earlier in the year.

The dollar lost more than 8% earlier this year due to trade tensions. (QNA)

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