The US dollar hovered near three-month highs on Thursday after the Bank of Canada's surprise rate hike highlighted the need for other central banks, including the Federal Reserve, to combat inflation.
The dollar index, which measures the currency against six major peers, was slightly down at 104, remaining close to last week's peak of 104.7. The euro rose 0.1% to $1.071, while the Australian dollar strengthened 0.43% to $0.668.
The Canadian dollar was down 0.16% against the US dollar at C$1.335, and the Turkish lira slipped to a record low of 23.39 per dollar in early Asia trading.
