The US dollar continued to hover around the lowest level after Federal Reserve (Fed) Chairman Jerome Powell's speech failed to give new guidance on interest rates.
Powell, who spoke at the central bank conference in Stockholm during the New York session, only emphasized the principle of the Fed's independence from political influence.
As a result, currency markets were little changed with investors' focus now turning to the release of US inflation data on Thursday.
During the Asian trading session, the dollar index which measures the strength of the greenback traded at 103.33 against a group of major currencies.
The euro and pound remained flat, trading at around 7-month and 3-week highs against the USD, respectively.
China's reopening continues to support sentiment and boost Asian currencies against the greenback.
The Chinese yuan was slightly lower than a five-month high in early trading on Wednesday.
While the Aussie and New Zealand dollars remained stable on the gains made from the weakness of the US dollar.
