The dollar held its recent gains in early Asia trading on Wednesday as investors looked towards a key Federal Reserve policy meeting to see if it would reinforce growing market expectations for earlier rate rises next year.
The dollar index which measures the greenback against six major peers was at 96.557, having gained 0.5% so far this week in choppy trading. It is testing last week's 96.954, which would be a two-week top.Register
Kim Mundy, currency strategist at CBA, said currency markets were "taking a tiny break from Omicron" even though it was "very much bubbling away in the background."
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