The US dollar continued to be the focus of investors on Thursday despite failing to react significantly to US consumer inflation (CPI) data.
The upcoming New York session will be decorated with the publication of producer inflation (PPI) data, US retail sales jobless claims which could be a driving force for the currency king.
Against most major currencies, the dollar index traded steady around a three-month high of 104.70.
In addition to the US dollar, the euro is also the focus of the market ahead of tonight's European Central Bank (ECB) policy meeting which is widely expected to keep interest rates unchanged.
The European market session saw the euro remain flat, with prices hovering around the 1.0730 level against the greenback.
ECB President Christine Lagarde's follow-up statement will be very important for investors to be used as an indication of the next policy direction.
Meanwhile, the pound continued to hover at a three-month low against the greenback amid a weak UK economy.
Meanwhile, the Aussie dollar surged to a one-week high on stronger Australian jobs data, before paring back its gains in the European session.
The yen traded little changed at around its weakest level in a month as the market continued to await intervention from the Bank of Japan (BOJ).
The Canadian dollar continued to strengthen at a two-week high against the greenback, supported by continued strength in oil prices.
