US dollar rises on Fed minutes

The US dollar increased against most major currencies on Wednesday as the newly-released Federal Reserve minutes for its latest meeting bolstered the prospect of a year-end rate hike.

In late New York trading, the euro fell to $1.0647 from $1.0650 in the previous session, while the dollar bought 123.55 Japanese yen, higher than 123.40 yen of the previous session.