The dollar got even stronger yesterday against the other major currencies, after comments by Federal Reserve Vice Chairman Stanley Fischer added to expectations for an upcoming U.S. rate hike.
EUR/USD dropped 0.29%.
GBP/USD was little changed as the Bank of England earlier reported that net lending to individuals increased by £3.8 billion in July.
USD/JPY climbed 0.73% to 102.66.
Gold prices were under pressure yesterday, struggling near 5-week lows as investors focus on the rate hike talks and expectations.
Oil prices fell , with Brent losing nearly 2 percent, as the dollar rallied and glut worries grew amid forecasts for higher U.S. crude stockpiles and Iran’s remark that it was on target to reach peak production.
U.S. stocks were lower after the close on Tuesday, as losses in the Utilities, Consumer Goods and Oil & Gas sectors led shares lower.