This Wednesday, the American dollar held steady, as well as the Indian rupee and the South African rand. The New Zealand dollar has remote as far as he is concerned.

The Dollar held steady on Wednesday , risks geopolitics keeping markets under stress and investors waiting for the Federal Reserve minutes for indications on future rate cuts. The dollar index, which measures the value of the bill green compared to a basket of currencies, remained virtually unchanged at 97.16 after two days of rising. The euro fell by 0.06% to 1.1846 dollars.

For its part, the New Zealand dollar fell Wednesday after the country's central bank maintained its key rates unchanged and said his policy was likely to remain accommodative for a while, while leaving room for maneuver for a increase at the end of the year.

The New Zealand dollar fell by 0.8% to $0.6002, breaking a low of $0.6005 reached overnight.

Support is now at $0.5929, with a resistance at the recent high of $0.60925.

The Australian dollar fell by 0.2% to 0.7074 $, after bouncing off a low of $0.7028 hit the night before.

Resistance is at a three-year high reached last week, at $0.71465, while the major support was found at $0.6897.

The yen is remained stable after the publication of data showing a rebound in the morale of Japanese manufacturers and the announcement by President Donald Trump of the first slice of mega-investments that Tokyo is making in the United States. The yen is remained stable at 153.23 per dollar, and the pound sterling weakened by 0.07% to $1.3558, after a decrease of 0.5% in the previous session.

The South African rand is remained stable at the start of trading on Wednesday, with investors waiting for data on inflation, retail sales and a confidence index of businesses that will help to shed light on the country's economic prospects.

At 05:32 GMT, the rand traded at 16.0125 against the dollar, a level almost unchanged from its previous close of 16,0175.

Investors focused on the domestic market await the consumer inflation figures for January, expected at 8 am GMT, and the November retail sales at 11 am GMT.

LA Indian rupee should open stable and keep within a tight range on Wednesday, with traders balancing the slight weakness in Asian currencies in the face of continued support from banks power plants in the 90,70-90,80 zone.

The undeliverable 1-month forward contract stated that the rupee would open in the range 90.66-90.70 against the dollar American, after settling at 90.6725 on Tuesday.

The rupee has repeatedly found support in the 90,70-90,80 zone over the last few sessions, bankers noting that the Reserve Bank of India has actively intervened in different levels in this area.