Dollar Builds on Previous Day’s Gains as Focus Turns to US Data

LONDON/SINGAPORE—The U.S. dollar rose again on Wednesday after jumping the previous day, underpinned by elevated U.S. Treasury yields and a cautious turn that weighed on Wall Street. Trading was relatively subdued, with Japanese markets shut for a holiday and investors waiting for important U.S. economic releases later in the day, including minutes from the Federal Reserve’s December meeting. The euro was last down 0.2 percent against the dollar at $1.092, its lowest since Dec. 19. It fell 0.95 percent on Tuesday in its biggest daily drop since July. That helped push the dollar index, which tracks the currency against six major…