The U.S. dollar turned positive against other major currencies during European afternoon trading on Wednesday, in the wake of an upbeat report on private sector employment in the United States.
The greenback was up against the pound, with GBP/USD shedding 0.2% to hit 1.5942. It was also up against the euro and the yen, with EUR/USD dropping 1.43% to hit 1.3945 and USD/JPY gaining 0.365% to reach 90.71.
The U.S. dollar also rose against its Australian, Canadian and Kiwi counterparts: AUD/USD fell 0.2% to hit 0.8846, USD/CAD rose 0.32% to hit 1.0604 and NZD/USD fell 0.44% to reach 0.7090.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.17%.
Earlier Wednesday, the payroll processing company Automatic Data Processing said U.S. employers cut 22,000 non-farm jobs in the private sector in January, far less than analysts had forecast.