Investing.com - The dollar Wednesday bounced off overnight lows despite some weak U.S. economic data.
The dollar index moved back above 97 and was trading up 0.03% at 97.31 at 02:45 ET.
U.S. new home sales, manufacturing PMI below estimates. But the services sector beat.
The market is looking to the release of the minutes of the latest FOMC meeting later in the session.
The market odds of a Fed rate hike in June stand at close to 76%.
The greenback edged higher against the yen, advancing 0.13% to 111.93.
The Aussie fell as Moody's cut China's sovereign rating citing eroding financial strength and slowing growth.
Australia is reliant on Chinese imports of raw materials. The yuan was slightly lower.
The pound steadied just below $1.30 after the deadly Manchester terrorist attack.
The euro fell back below the $1.12 mark after being boosted by some strong euro-zone data.
ECB President Mario Draghi is due to speak later in the session.