New york: The dollar continued its rise on Wednesday, amid market tensions due to geopolitical risks and investors' anticipation of the minutes from the Federal Reserve meeting for clues about potential future interest rate cuts.

According to Yemen News Agency, the yen rose after data showed improved sentiment among Japanese manufacturers and following US President Donald Trump's announcement of the first tranche of massive investments Tokyo intends to make in the United States.

The New Zealand dollar also maintained its gains ahead of the central bank's decision, which is widely expected to keep interest rates unchanged.

The euro settled at $1.1852, while the yen rose 0.1 percent to 153.12 per dollar. The British pound remained steady at $1.3563 after falling 0.5 percent in the previous session.