The dollar edged up against the euro Wednesday after the Federal Reserve's meeting minutes of January revealed some policy -makers push up interest rates early.
Euro slightly lower dollar bought 1.3734 at around 23:00 GMT , down from 1.3756 dollars on Tuesday ( 18/2 ) night .
Both the dollar and the euro weakened against the Japanese currency yen .
The dollar fetched 102.31 yen from 102.34 yen down , the common European currency fell to 140.51 yen from 140.82 positions yen .
Minutes of the meeting of the Federal Reserve's Open Market Committee on January 28 to 29 showed that the central bank's policy -makers are generally optimistic about the U.S. economy , ignoring the recent turmoil in emerging markets and assess that the decline in the employment rate in December mainly weather related .
FOMC agreed for the second time in two months to continue trimming bond purchase program a very large stimulus , which has been used to hold interest rates low to stimulate investment and job growth .
Policy makers cut the monthly stimulus by 10 billion to 65 billion dollars and promised to take " steps " further reduction at the next meeting , as long as economic conditions remain improved .
" Some members see it right to raise the Fed's benchmark interest rate as soon as possible , " the minutes said amid rising market expectations of faster economic growth and an increase in the inflation rate , though still very low .
The Fed has a threshold of 6.5 percent unemployment rate , down from 6.6 percent unemployment rate in January .
FOMC minutes " contains few surprises , " said Kathy Lien of BK Asset Management crate said.
Dollar unchanged against the pound , which bought 1.6680 , while the greenback rose to 0.8886 Swiss francs from 0.8880 a day earlier .
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