Dollar pulls back as investors count down to U.K. referendum

The dollar was slightly lower against the yen and the euro in rangebound Asian trade on Wednesday, with investors largely avoiding to take strong positions ahead of Thursday’s U.K. referendum.

The U.S. dollar USDJPY, -0.20%  was changing hands at ¥104.50, compared with ¥104.77 late Tuesday in New York. The euro EURUSD, +0.2491%  traded at $1.1255, rising slightly from $1.1242 late Tuesday.

The WSJ Dollar Index BUXX, -0.25% a measure of the dollar against a basket of major currencies, was down 0.15% at 85.63.

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