The U.S. dollar hovered near a fresh 6-1/2-month peak against other major currencies on Wednesday and the Japanese yen fell to its lowest level since July, driven by so-called Trump trades ahead of key U.S. inflation data.
The dollar is reaping the benefits of Republican Donald Trump's victory in the U.S. presidential election last week, which sent the U.S. currency to its highest level since May 1 at 106.21 against a basket of currencies.
