Asian shares nudged higher and the dollar was at a two-month low on Wednesday ahead of crucial U.S. inflation data that will help gauge whether the Federal Reserve is at the end of its aggressive rate hike policy.
to report higher profits for the second quarter as rising interest payments offset a downturn in dealmaking.
"We are cautious about the self-fulfilling optimism driven by these diminished expectations ... we're mindful of mixed U.S. economic data and the potential for two more hikes this year." The dollar index , which measures the U.S. currency against six peers, fell 0.197% at 101.40, having slid as low as 101.37, its lowest in two months.
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