Investing.com - The dollar was higher against the yen on Thursday as indications of a delay in U.S.-led military strikes against Syria bolstered market sentiment, dampening safe haven demand.
During European late morning trade, the dollar moved higher against the yen, with USD/JPY climbing 0.58% to 98.20.
On Wednesday, President Barack Obama said the U.S. has concluded that the Syrian government carried out a chemical weapons attack near Damascus, but added that he had not yet made a decision about whether to intervene militarily.
The dollar was also higher against the euro, with EUR/USD down 0.69% to 1.3246.
The single currency was pressured lower by speculation that Greece will require a third bailout package in 2014.
The dollar was also higher against the pound, with GBP/USD slipping 0.18% to 1.5490.
Sterling continued to remain supported by expectations that the Bank of England may raise interest rates much earlier than it has indicated, following recent improved U.K. economic data.
The pound was also boosted by reports that the U.K.'s Vodafone had resumed discussions on a plan for Verizon to buy out Vodafone's stake in U.S. joint venture Verizon Wireless.
The dollar extended gains against the Swiss franc, with USD/CHF climbing 0.78% to 0.9291.
Elsewhere, the greenback was stronger against its Australian, New Zealand and Canadian counterparts, with AUD/USD sliding 0.13% to 0.8929, NZD/USD down 0.24% to 0.7779 and USD/CAD rising 0.17% to 1.0505.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.59% to 81.92.
The U.S. was to publish revised data on second quarter growth and the weekly report on initial jobless claims later Wednesday.
