U.S. dollar mixed on Fed official's comments

The U.S. dollar traded mixed against other major currencies on Wednesday as investors were digesting the latest Federal Reserve official's remarks.

Boston Fed President Eric Rosengren said on Wednesday that the central bank should raise interest rates three more times this year and consider starting to shrink the bank's balance sheet after next hike to avoid creating an "over-hot economy."

Rosengren's hawkish remarks supported the greenback on Wednesday. The dollar index, which measures the greenback against six major peers, was up 0.03 percent at 99.683 in late trading.

In late New York trading, the euro dipped to 1.0858 dollars from 1.0866 dollars, and the British pound rose to 1.2936 dollars from 1.2925 U.S. dollars in the previous session. The Australian dollar increased to 0.7367 U.S. dollar from 0.7333 U.S. dollar.

The U.S. dollar bought 114.32 Japanese yen, higher than 114.27 yen of the previous session. The U.S. dollar added to 1.0094 Swiss francs from 1.0090 Swiss francs, and it edged down to 1.3670 Canadian dollars from 1.3729 Canadian dollars. Endit