The dollar gained for a third day, its longest winning streak in more than a month, as hopes for U.S. tax reform revived.
The Bloomberg dollar index rose 0.4 percent after Republican leaders said a tax plan from the Trump administration is coming soon. The dollar erased a drop of as much as 0.2 percent and gained against all G-10 peers, while Treasury yields advanced for a fourth day, as House Speaker Paul Ryan said the plan is to have a new tax system functioning next year. Traders await the Bank of England decision and U.S. consumer-price index data due Thursday.