The dollar traded sideways at the start of the Asian session on Wednesday, shrugging off renewed attacks on shipping in critical waterways in the Middle East, as currency markets awaited the release of inflation data later in the global day.
The yen was flat against the dollar at 159.275 yen, hovering around its weakest levels of the month despite the recent joint intervention by U.S. and Japanese authorities to strengthen the Japanese currency, while the euro held steady at $1.1542.
