U.S. dollar mixed on Fed statement

The U.S. dollar traded mixed against other major currencies on Wednesday as investors were digesting the newly-released Federal Reserve statement after its two-day policy meeting.

The U.S. central bank left federal funds rate unchanged in Wednesday's statement, reiterating that it continues to closely monitor inflation indicators and global economic developments.

"Near-term risks to the economic outlook have diminished," the Fed said, adding that there was some increase in labor utilization in recent months and household spending have grown "strongly."

Analysts said the Fed's overall description of the economy was upbeat, which might indicate that conditions are getting more favorable for further interest rate hikes in the future.

On the economic front, U.S. sales of new single-family houses in June 2016 were at a seasonally adjusted annual rate of 592,000, beating market consensus, said the Commerce Department Tuesday.

The dollar index, which tracks the greenback against six major peers, was up 0.04 percent at 97.193 in late trading.

In late New York trading, the euro rose to 1.1009 dollars from 1.0986 dollars of the previous session, and the British pound rose to 1.3172 dollars from 1.3143 dollars. The Australian dollar went down to 0.7464 dollars from 0.7507 dollars.

The dollar bought 105.64 Japanese yen, higher than 104.70 yen of the previous session. The dollar declined to 0.9915 Swiss francs from 0.9926 Swiss francs, and it inched up to 1.3216 Canadian dollars from 1.3202 Canadian dollars. Enditem