US dollar bounces back ahead of Fed minutes

The US dollar recovered some losses as markets awaited Federal Reserve minutes and speeches. Safe-haven demand also supported the greenback following geopolitical tensions.

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A teller counts U.S. dollar bank notes at a money changer in Jakarta, Indonesia, April 9, 2025. Picture taken through glass. REUTERS/Willy Kurniawan/File Photo

The United States dollar rose 0.16% to 102.07 on Wednesday morning, recovering from a 0.27% slide during the previous session. Markets are weighing upcoming Federal Reserve minutes and policymaker speeches for rate hike signals. Investor attention remains split between shifting monetary policy expectations and ongoing geopolitical tensions.

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