The U.S. dollar rose against major currencies in late New York trading on Wednesday as the minutes of Federal Reserve's April meeting hinted to tighten monetary policy and some eurozone officials commented on Greece debt restructuring.
The minutes of Fed's April meeting showed on Wednesday that most Federal Reserve officials prefer to raise benchmark interest rates before selling assets when the time comes to tighten policy, implying the central bank might tighten monetary policy soon.
Some eurozone officials said no to the restructuring of Greece debt. Lorenzo Bini Smaghi, a member of the European Central Bank' s executive board, reiterated his opposition to a restructuring, arguing that such a move could devastate Greek banks.
And European Central Bank Vice President Vitor Constancio also said restructuring should only be a "last resort."
Meanwhile, Bank of England decided to leave the key interest rate unchanged at 0.5 percent, according to the minutes of the central bank's May policy meeting. The British pound weakened after the news.
In late Wednesday trading, the dollar bought 81.63 yen, comparing with 81.43 late Tuesday, and the euro fell to 1.4226 dollars from 1.4229.
The British pound also fell to 1.6142 dollars from 1.6251. The dollar rose from 0.8807 to 0.8814 against Swiss francs, and fell to 0.9725 Canadian dollars from 0.9729.
