The dollar rose broadly on Thursday after the release of the latest Federal Reserve policy meeting minutes, which reinforced expectations of an interest rate increase this month. The minutes showed that the vast majority of policymakers anticipate further tightening of U.S. monetary policy, even after agreeing to keep interest rates unchanged last month. This led to a slight increase in the dollar as well as Treasury yields.
The euro touched a one-week low at $1.0843 in early Asian trading, while the British pound fell 0.08% to $1.26925. The dollar index rose by 0.04% to 103.38.
The yen increased by more than 0.2% to 144.30 against the dollar, driven by concerns over potential intervention by Japanese authorities to support the currency and curb its decline.
The Australian dollar fell 0.04% to $0.6651, after dropping more than 0.5% in the previous session following a private survey that indicated the slowest growth in China's service sector activity in five months in June.
The Chinese yuan was quoted at 7.2593 to the dollar in the latest offshore trading, after declining about 0.4% in the previous session.
