The dollar fought for a footing in choppy trade on Thursday, with support from upbeat U.S. data and hawkish policymaker comments, while the prospect of higher energy prices helped exporters' currencies and weighed on those of importers.
Register now for FREE unlimited access to Reuters.com"I think that just reminded people that you might be a bit premature in trying to price in rate cuts in the U.S.," said Westpac currency strategist Imre Speizer.
"Its one trade for the whole world," said Speizer. "No one currency's interest rates are really able to go off and do their own thing independently." The U.S. dollar index wobbled 0.06% lower to 110.86, off lows near 110 from earlier in the week, though some distance below last week's 20-year high of 114.78.
The yen , which has been held steady by the risk of further Japanese intervention, sat at 144.57 per dollar.on Wednesday, lifting Brent crude futures to a three-week high of $93.99 a barrel.
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