• The dollar stood little changed early on Wednesday, its modest advance from the previous day bogging down as investors started to take a wait-and-see attitude ahead of Friday's U.S. jobs report. The dollar was nearly flat at 113.925 yen JPY= after rising modestly to 114.160 overnight.
The euro was virtually unchanged at $1.0569 EUR= after declining about 0.1 percent the previous day.
The dollar index .DXY, which hit a two-month peak of 102.260 last Thursday, was steady at 101.820. It gained about 0.15 percent overnight, when the dollar was buoyed by declines in its European peers.
• Oil prices ended little changed on Tuesday, as growing U.S. production expectations offset earlier gains after Saudi Arabia's oil minister said market fundamentals were improving.
The market, however, fell in post-settlement trade after data from industry group the American Petroleum Institute showed U.S. crude stocks last week rose 11.6 million barrels, or more than five times analysts' forecast.[API/S]
If the build is confirmed by the U.S. Energy Information Administration (EIA) at 10:30 a.m. EST on Wednesday, it would be the ninth straight weekly rise in inventories that are already at record highs. [EIA/S]
Brent futures LCOc1 slipped nine cents, or 0.2 percent, to settle at $55.92 a barrel, while U.S. West Texas Intermediate (WTI) crude CLc1 lost six cents, or 0.1 percent, to settle at $53.14.
• Japan's economy grew at an annualized rate of 1.2 percent in the October-December quarter, revised up from a preliminary reading of 1.0 percent growth, the Cabinet Office said on Wednesday.
Reference: Reuters
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