Singapore, October 28 (QNA) - The US dollar held at a two-week high on Wednesday ahead of policy decisions from central banks, including the Federal Reserve.

The US dollar index, ​which measures the greenback's strength against a basket of six currencies, was flat at 102.40, trading around its highest level since ‌October 14. The yield on the US 10-year Treasury bond was ​up 2.2 basis points at 5.01%.

Most ‌of the dollar's peers were unmoved ahead of the Fed decision. The euro was flat at $1.1124, while the British pound slipped 0.1% to $1.32945. ‌Against the yen, the dollar moved between gains and losses and was last flat at 157.945 yen.

The New Zealand dollar sank as much as 1.7% to an intraday low of $0.55831 after the Reserve ​Bank of New Zealand unexpectedly held interest rates at 2.75%.

The Australian dollar was 0.1% stronger at $0.70345 after the release of inflation data, which stood at 1.3% in the third quarter of the year, up from 0.6% in the previous quarter.

Against the ​Canadian dollar, the US dollar was up 0.1% at C$1.4063 ahead of an interest rate decision from the Bank of Canada. The central bank will likely raise its benchmark interest rate as a pre-emptive move to stop energy-led inflation from spreading into the rest of the economy. (QNA)