The dollar index was at 103.10, up a touch and closing in on last week’s peak, its highest since mid-August, on the back of traders reducing bets on further jumbo rate cuts by the Federal Reserve at its remaining meetings this year.
Ahead of the onshore market opening, the yuan was down more than 0.2% against the dollar, while the Aussie, whose fortunes are closely tied to China, was down 0.16% at $0.67385.