Investing.com - The dollar rebounded from earlier losses against the yen in volatile Asian trade on Wednesday as early exit polls on the U.S. presidential race filtered in and ahead of regional data on consumer and producer prices from China are ahead.
USD/JPY changed hands at 105.34, up 0.16%. AUD/USD traded at 0.7770, up 0.10%, while GBP/USD fell 0.17%% to 1.2363.
The first U.S. exit polls came in Tuesday evening, but clearer signs on battleground states were awaited. If the outcome is clear, the television networks are expected to make their official call at 11:00PM ET (04:00 GMT Wednesday).
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, rose 0.18% to 98.06.
Ahead in China, CPI figures for October are seen up 2.1% year-on-year, with month-on-month data last up 0.7%. PPI figures are expected to show a 0.8% gain year-on-year.
Earlier In Australia, Westpac consumer sentiment for November fell 1.1% compared with a previous reading of a 1.1% gain. In Japan, the current account for September recorded a ¥1.821 trillion surplus, narrower than the ¥1.96 trillion surplus seen unadjusted, while seasonally adjusted figure came in at ¥1.48 trillion, also narrower than the ¥1.98 trillion surplus seen.
Overnight, the dollar held steady against the other majors currencies on Tuesday, as markets prepared for the results of the U.S. presidential election opposing Hillary Clinton and Donald Trump.
Markets were jittery ahead of the results of the U.S. presidential vote, although sentiment remained mildly supported after the FBI informed Congress over the weekend that it had "not changed its conclusions" on the private email server maintained by Hillary Clinton.
The news fueled expectations that the Democratic candidate could win Tuesday’s election, which is seen as more source of stability for financial markets.