Asian shares advanced to one-week highs on Wednesday, led largely by strong U.S. corporate earnings, although the mood remained cautious as the rapidly spreading Delta variant of the coronavirus clouds the global economic outlook.
Investors expect volatility to increase in August as more companies report earnings and the market hears from Federal Reserve officials in coming weeks. U.S. non-farm payroll numbers are due on Friday.
The dollar was near a two-month trough against the yen at 108.95. Against the Swiss Franc, the dollar hovered near its lowest since mid-June at $0.9038.
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