Investing.com - The dollar was little changed against other majors currencies on Wednesday, as optimism surrounding a major U.S. tax reform bill began to subside.
Trading volumes were expected to become more and more thin throughout the week, ahead of the Christmas holiday.
The greenback showed little reaction after the House of Representatives on Tuesday approved the biggest U.S. tax overhaul in 30 years.
Due to procedural issues another vote later will take place on Wednesday, but it is still considered as a step closer to the implementation of a major U.S. tax overhaul.
The Senate vote was expected to follow on Thursday.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was little changed at 93.09 by 02:10 a.m. ET (06:10 GMT).
The euro and the pound were steady, with EUR/USD at 1.1833 and with GBP/USD at 1.3389.
The yen was lower, with USD/JPY adding 0.12% to 113.02, while USD/CHF was almost unchanged at 0.9853.
Elsewhere, the Australian and New Zealand dollars were steady, with AUD/USD at 0.7662 and with NZD/USD at 0.6969.
Meanwhile, USD/CAD slipped 0.11% to trade at 1.2864.