Markets continued to be gloomy in the European session, seeing the US dollar and most other major currencies remain flat.
The US dollar is still holding on to gains from surprising US inflation data despite showing limited movement.
Investors' attention is now focused on the release of US retail sales data along with jobless claims, the New York manufacturing survey and the Philadelphia Fed manufacturing survey in the coming session.
Earlier, investors were treated to the release of the Australian jobs report which showed an increase in the unemployment rate to 3.5% last month and employment growth that was less than expected.
The Aussie dollar however failed to show significant movement, instead remaining traded hovering around the same price against the greenback.
Meanwhile, the kiwi dollar was also unchanged even after seeing stronger growth in the New Zealand economy in the second quarter which expanded 1.7% from a 0.2% contraction in the first quarter.
On the other hand, it can be seen that the euro and the pound are struggling to make a move due to the US dollar still holding around the highest level.
The yen tried to defend its gains on Wednesday following speculation that the Bank of Japan (BOJ) may be preparing to intervene in the currency market.
As for the Canadian dollar, the currency also exhibited limited movement amid limited crude oil trading.
