The U.S. dollar decreased against most other major currencies on Wednesday as investors digested the country's existing home sales data.
U.S. total existing home sales climbed 1.1 percent from a downwardly revised 5.56 million in April to a seasonally adjusted annual rate of 5.62 million in May, beating market consensus, according to the National Association of Realtors on Wednesday.
Overseas, Bank of England chief economist Andy Haldane said that the risks of leaving policy tightening too late are rising and that he considered voting for an interest-rate increase this month, according to Bloomberg.
The British pound reversed early losses to trade higher after Haldane's comments.
The dollar index, which measures the greenback against six major peers, decreased 0.22 percent at 97.546 in late trading.
In late New York trading, the euro rose to 1.1164 dollars from 1.1130 dollars in the previous session, and the British pound climbed to 1.2669 dollars from 1.2630 U.S. dollars in the previous session. The Australian dollar dipped to 0.7558 dollar from 0.7582 dollar. The U.S. dollar bought 111.31 Japanese yen, lower than 111.42 yen of the previous session. The U.S. dollar decreased to 0.9727 Swiss franc from 0.9753 Swiss franc, and it moved up to 1.3311 Canadian dollars from 1.3258 Canadian dollars.
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