MARKETSCOPE : The dollar weakened against the euro on Wednesday, as investors waited to see what European monetary authorities will do to their rates in the coming days.
The euro was at $1.2068 near closing time from $1.1998 earlier Wednesday. The European Central Bank will meet and discuss interest rates at its meeting Thursday.
The sterling was at $1.7768 from $1.7649, as investors waited to see what the Bank of England will do to rates at its policy meeting next week.
The dollar was at 116.82 yen, down from its 2-year high of 116.95 yen earlier Wednesday.
The Federal Open Market Committee already hiked interest rates in the U.S. by 25 basis points on Tuesday.