LONDON—The U.S. dollar held steady against other major currencies on Wednesday as traders waited for minutes from the Federal Reserve’s last policy meeting that could offer clues to the outlook for interest rates.
Australia’s dollar fell in line with the Chinese yuan after data showed China’s services activity expanded at the slowest pace for five months in June, the latest sign of a sputtering post-pandemic recovery in the world’s second-largest economy.
The dollar index—which measures the U.S. currency against a basket of six others including the euro and Japan’s yen—was flat on the day at 103.15, having held in a range of roughly 102.75-103.75 since early June….