Forex-Dollar drifts near multi-month lows as Treasury yields ease; Fed minutes awaited

Elsewhere, the New Zealand dollar NZD=D3 and the Australian dollar AUD=D3 were little changed, last trading at $0.5874 and $0.7083, respectively.

A selloff in U.S. Treasuries appeared to have paused amid a week light on economic data or other obvious catalysts. The yield on the benchmark U.S. 10-year Treasury note US10YT=RR extended declines and was last at 4.702%, while that on the 30-year bond US30YT=RR fell to 5.282%.

Market participants now turn to the Federal Reserve's release of minutes from the most recent meeting of its monetary policy-setting Federal Open Market Committee later in the day, looking for clues as to policymakers' views on interest rates.